On January 15, 2015 9:36 am
By Carlton Carroll
WASHINGTON, January 14, 2015 – Methane emissions from oil and natural gas production are falling, and new regulations on methane proposed by the Obama administration could disrupt America’s energy renaissance, according to Jack Gerard, API president and CEO.
“As oil and natural gas production has risen dramatically, methane emissions have fallen thanks to industry leadership and investment in new technologies,” Gerard said. “And even with that knowledge, the White House has singled out oil and natural gas for regulation, where methane emissions represent only two percent of total greenhouse gas emissions.
“Emissions will continue to fall as operators innovate and find new ways to capture and deliver more methane to consumers, and existing EPA and state regulations are working. Another layer of burdensome requirements could actually slow down industry progress to reduce methane emissions.”