JOURNAL ARTICLE

Analysis: Recent executive orders creating chaos for companies operating under the IRA and the IIJA.

  • Published In: Offshore, 2025, v. 85, n. 2. P. 16 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Legge, Glenn 3 of 3

Abstract

The article discusses the impact of recent federal legislation and executive orders on the offshore energy sector in the United States, particularly focusing on the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA). These laws aimed to incentivize offshore oil and gas production and support energy transition projects through financial assistance and tax credits. However, the issuance of Executive Order 14154 in January 2025 has created uncertainty by revoking previous commitments under the IRA and IIJA, leading to concerns among businesses reliant on federal funding for ongoing projects. Legal challenges to this executive order have emerged, reflecting the broader disruption and chaos in the regulatory landscape affecting energy companies. [Extracted from the article]

Additional Information

  • Source:Offshore. 2025/03, Vol. 85, Issue 2, p16
  • Document Type:Article
  • Subject Area:Political Science
  • Publication Date:2025
  • ISSN:0030-0608
  • Accession Number:189624710
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