March 3 (UPI) — An oil and trade group said steps by the Trump administration to ease regulatory burdens on emissions would help ensure American leadership on the energy stage.
The Environmental Protection Agency said it was abandoning measures that called for the disclosure of methane emissions from oil and natural gas wells. Methane is a potent greenhouse gas, though a handful of states argued the measure would inhibit the economic benefits of the oil and gas industry. Texas Attorney Gen. Ken Paxton said the measures, imposed in November, would have “dubious” environmental benefits.
The American Petroleum Institute, which has challenged the EPA in court, said the steps taken by President Donald Trump eased what it considered unnecessary rules th
at impede oil and natural gas development.
“The United States is leading the world in the production and refining of oil and natural gas and in the reduction of carbon emissions, and we look forward to working with the administration on lawful, common sense regulations that create jobs and benefit American consumers,” Director for Regulatory and Scientific Affairs Howard Feldman said in a statement.
Read Full Article CLICK HERE