EPA hits oil and gas industry with a flurry of proposed methane regulations

EPA hits oil and gas industry with a flurry of proposed methane regulations
EPA took major steps on August 18, 2015 to curtail methane emissions from the oil and gas industry by simultaneously releasing four new proposed rules. These actions are part of the Obama Administration’s larger climate action plan, which focuses primarily on reducing greenhouse gas emissions from the power and oil and gas sectors. President Obama announced his expectations from the oil and gas sector in January 2015, stating that the sector must reduce its methane emissions by 40-45% from 2012 levels by 2025. The Administration will strive to achieve this goal through actions from various federal agencies, including EPA, BLM and potentially DOE. EPA’s regulations will have the widest reach and are the first to be proposed. http://www.ogfj.com/articles/2015/08/epa-hits-oil-and-gas-industry-with-a-flurry-of-proposed-methane-regulations.html?cmpid=EnlOGFJSeptember152015.html&eid=288118515&bid=1176326