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The Biden-Harris administration’s Environmental Protection Agency (EPA) has finalized a federal methane tax for oil and gas drilling operations, set to take effect next year. This rule is part of the broader Inflation Reduction Act, which was passed by Democrats and saw Vice President Harris casting the decisive vote. The new regulation imposes a fee on oil […]
WASHINGTON DC (11/12/24) – The Biden-Harris administration is poised to finalize a new methane emissions tax for U.S. oil and gas producers today. The tax, mandated by President Joe Biden’s 2022 Inflation Reduction Act, was originally outlined but left to the Environmental Protection Agency to finalize. The finalized rule will impose a penalty of $900 […]
One of the ways Democrats intend to pay for their reconciliation infrastructure bill is through the Methane Emissions Reduction Act of 2021, a proposed tax on methane emissions from natural gas and petroleum production. The tax would start at $1,800 per ton of emissions in 2023 with the potential direct cost of the tax to […]
Tom and Mike discuss Biden’s address to Congress. Links: • Epicurious is cutting out beef • Length of Presidents first address to #JointSession of Congress • Goldman Sachs forecasts the biggest jump in oil demand ever • Brent crude climbing above $68.3 a barrel • Senate votes to nix Trump rule limiting methane regulation • […]
EPA’s Improvement of New Source Performance Standards for America’s natural gas and oil industry added to the growing list of presidential accomplishments. WASHINGTON DC (August 13, 2020) – Today, Thomas Pyle, President of the American Energy Alliance, issued the following statement in support of the Environmental Protection Agency’s (EPA) two finalized rules updating air regulations for […]
WASHINGTON DC (August 29, 2019) – Today, Thomas Pyle, President of the American Energy Alliance, issued the following statement in support of the Environmental Protection Agency’s (EPA) proposed update to air regulations for the domestic oil and gas industry: “This proposal is a smart move and directly in line with President Trump’s approach to America’s […]
WASHINGTON – Today, the Department of the Interior announced its final rule reforming methane regulations by revising the 2016 Waste Prevention Rule (also known as the Venting and Flaring Rule). American Energy Alliance President Thomas J. Pyle issued the following statement: “We are pleased to see the Trump administration taking an opportunity to reduce the burden of another costly […]
In considering HR 3354 Department of Interior, Environment, and Related Agencies Appropriations Act, 2018 [Make America Secure and Prosperous Appropriations Act, 2018], the American Energy Alliance has identified the below three amendments offered to Division A as key votes. NO on Amendment #20 offered by Reps. LoBiondo and Beyer. This amendment seeks to prevent energy exploration activities […]
WASHINGTON – Today the Senate failed to move forward on a Congressional Review Act resolution to nullify the Bureau of Land Management’s costly methane regulation. American Energy Alliance President Thomas Pyle issued the following statement: “The Senate just squandered an opportunity to protect American workers and families from a regulation aimed at making energy more […]
As we explained last week, President Obama’s proposed methane scheme is an attempt to fix a problem that does not exist. Methane emissions are declining as natural gas production is booming—and it’s happening all without federal intervention because natural gas producers have an economic incentive to reduce methane emissions. The proposal also fails to accomplish […]