EPA proposes weaker methane regulations for oil and gas wells
Monday, September 17, 2018
Last week the Trump administration proposed reducing the requirements for testing and repairing methane leaks in drilling operations, taking a step toward rolling back an Obama-era policy, according to CNBC.
The proposed changes have the potential to save the industry $75 million in a year in regulatory costs between 2019 and 2025, while increasing methane emissions, according to the Environmental Protection Agency.
Methane gas emissions will increase by a total 380,000 short tons between 2019 and 2025 under the new proposal, compared with the EPA’s 2018 baseline estimate. Obama’s revisions to the EPA’s New Source Performance Standards envisioned preventing emissions of 300,000 short tons of methane in 2020, rising to preventing 510,000 short tons of methane emissions in 2025.
Learn more: CNBC > Trump’s EPA proposes weaker methane rules for oil and gas wells
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