The International Association of Drilling Contractors (IADC) has named U.S. Senator Ted Cruz (R-TX) as the recipient of its Legislator of the Year Award. The award recognizes Cruz's strong support for policies that benefit the upstream oil and gas industry. According to a press release from Cruz's office, the senator expressed his gratitude for the honor and pledged to continue defending the merits of drilling on American soil and in American waters.
In the press release, Cruz criticized the Biden administration's approach to the oil and gas industry, stating, "The Biden administration’s hostility toward the oil and gas industry raises costs for American families and destroys U.S. jobs." He emphasized that the United States has the resources and ability to produce the world's cleanest energy without relying on countries like Russia, Iran, or Venezuela.
Cruz's office highlighted his efforts to support the industry, including working with the Environmental Protection Agency (EPA) and the Office of Management and Budget to approve new regulations allowing for new National Pollutant Discharge Elimination System (NPDES) permits. These permits, effective for a five-year window from May 11, 2023, are crucial for maintaining domestic energy production and keeping gas prices in check.
The press release also mentioned Cruz's successful amendment to the Fiscal Year 2024 (FY24) National Defense Authorization Act, which prohibits the sale of Strategic Petroleum Reserve (SPR) crude oil to China, Russia, Iran, and North Korea. This amendment is aimed at safeguarding the country's energy resources and preventing them from falling into the hands of adversarial nations.
Additionally, Cruz collaborated with U.S. Senator Joe Manchin (D-WV) to prevent the Biden administration's ban on gas stoves. The senators worked together to halt the ban, ensuring that Americans can continue to use gas stoves for their daily needs.
The IADC, founded in 1940, serves as an advocate for the drilling industry. The Houston-headquartered trade association aims to promote the interests of its members and support the growth and development of the drilling sector.
Cruz's recognition as the Legislator of the Year by the IADC highlights his dedication to advancing policies that benefit the oil and gas industry and protect American jobs. As the energy landscape continues to evolve, Cruz's support for domestic drilling and responsible resource extraction will likely remain a prominent aspect of his legislative agenda.