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Biden’s Methane Rule Is Dead

Summary by Oil Price

Oil and gas producers in the United States will no longer be obliged to pay a fee for the methane they emit in the course of their operations after Congress voted to axe one of the most celebrated moves of the Biden administration in the energy space. With a 52-47 vote, senators repealed the fee, and now all that’s left is for President Trump to sign it, likely adding more fuel to environmentalist organizations’ frustrations with the new federal…

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Fueling the Conversation with Tom Pyle: Overturning the Waste Emissions Charge Lifts a Monkey Off Producers' Backs

Overturning the Waste Emissions Charge Lifts a Monkey Off Producers’ Backs An all-too-common theme of the Biden administration’s energy policy was punishing energy producers for emissions that poorly thought-out regulations were responsible for causing. This trend certainly applied to Biden’s methane rules, the most recent of which implemented a Waste Emissions Charge (WEC) that taxes oil and gas producers for their reported methane emissions by…

1 month ago

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Oil Price

Lean Right

Biden’s Methane Rule Is Dead

1 month ago·London, United Kingdom

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Oil & Gas 360

Biden’s methane rule is dead – Oil & Gas 360

(Oil Price) – Oil and gas producers in the United States will no longer be obliged to pay a fee for the methane they emit in the course of their operations after Congress voted to axe one of the most celebrated moves of the Biden administration in the energy space. With a 52-47 vote, senators repealed the fee, and now all that’s left is for President Trump to sign it, likely adding more fuel to environmentalist organizations’ frustrations with t…

1 month ago·Denver, United States

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gasp-pgh.org

Waste Methane Emissions Charge on the Oil & Gas Industry Spiked Thanks to Congressional Vote

Back in May 2024, we blogged about the U.S. Environmental Protection Agency’s (EPA) finalization of a proposed rule that would have imposed a fee on waste methane emissions from the oil and gas industry. We blogged about that rule again in November, when EPA finally approved the fee itself. According to the Associated Press, EPA predicted that the rule would have reduced the industry’s emissions of methane by 1.2 million metric tons by 2035. …

1 month ago

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BIC Magazine

Congress kills Biden era methane fee on oil, gas producers

The U.S. Senate voted on a resolution that would overturn the Biden administration's proposed fee on methane emissions, one of the previous EPA's final measures to force big oil and gas producers to slash emissions of the powerful greenhouse gas.

1 month ago

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