Tag: methane emissions

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 […]

The American Energy Alliance urges all Senators to oppose S.J. Res. 14, the Congressional Review Act resolution on the 2020 methane rule from the EPA. The previous rules regarding methane were expensive and duplicative, the oil and gas industry already has ample financial and regulatory incentive to reduce methane emissions. More significantly, passage of this resolution […]

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 – 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 […]

On Wednesday, the White House announced a long-awaited plan to reduce methane emissions from the oil and natural gas sector, with the goal of slashing methane from new and modified oil and gas processing and production facilities by up to 45 percent from 2012 levels by 2025. The administration directed EPA and other agencies to […]