U.S. Set To Roll Back Methane Rules For Oil & Gas Industry

The U.S. Environmental Protection Agency (EPA) expects to finalize and sign this week new rules about methane emissions for the oil and gas sector, including putting an end to requirements that companies have systems in place to detect methane leaks, senior administration officials told The Wall Street Journal.

The EPA has proposed updating the Obama administration’s rules on methane emissions and detection.

Last year in August, the EPA proposed updates to the air regulations for the oil and gas industry in order to “remove regulatory duplication and save the industry millions of dollars in compliance costs each year – while maintaining health and environmental regulations on oil and gas sources that the agency considers appropriate.”

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Source: Oil Price