Fracking and Methane: What You Need to Know

EPA-methane-fracking-what-you-need-to-know

The Environmental Protection Agency (EPA) just rolled out new regulations on methane emissions for oil and gas development.  These rules come even as the industry has slashed emissions in recent years (while natural gas production has skyrocketed) and even though recent studies have found that methane leakage rates are well below what is required for natural gas to maintain significant climate advantages.  Further, data from the EPA’s Greenhouse Gas Inventory show that methane emissions from the oil and gas exploration and production are a mere 1.07 percent of total national greenhouse gas emissions.

These new rules will hit small producers – the biggest economic engine the country has had over the past five years – the hardest.  Instead of imposing onerous costs, especially at a time when market forces are already creating economic challenges, EPA should have worked with industry to develop a less burdensome and more cost-effective program.

 

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  1. […] of our oil and gas resources has had an enormously positive impact on energy security, jobs, environmental stewardship and technological innovation throughout the United States. Florida can and should continue to share […]

  2. […] EPA data show that methane emissions from oil and natural gas systems currently only account for about three percent of total greenhouse gas (GHG) emissions in the United States, with production-related activities only accounting for a little over one percent of total U.S. GHG emissions. […]

  3. […] sources” even though greenhouse gas emissions from exploration and production account for only 1.07 percent of total U.S. greenhouse gas […]

  4. […] The small amount of methane emissions from the upstream oil and natural gas sector is just 1.07 percent of U.S. greenhouse gas emissions, yet the administration continues to blindly pile on regulation after regulation without even […]

  5. […] The small amount of methane emissions from the upstream oil and natural gas sector is just 1.07 percent of U.S. greenhouse gas emissions, yet the administration continues to blindly pile on regulation after regulation without even […]

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