President Biden signs bill to repeal Trump-era rule on methane emissions
Wednesday, July 7, 2021
Last week President Joe Biden signed a bill to repeal a Trump-era rule that loosened regulations on methane emissions from the oil and gas industry, according to CNN.
Biden said the bill is an “important first step” to cut methane pollution and said it “reflects a return to common sense and commitment to the common good.”
Furthermore, Biden believes the infrastructure framework that he and a bipartisan group of senators agreed to a week prior to signing the bill could also help address the climate crisis.
Learn more: CNN > Biden signs bill repealing Trump-era EPA rule on methane emissions
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Shale FAQ
How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
What are royalties?
Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.