Politico concludes that an anonymous source, a lobbyist and an energy analyst trumps every major trade group that has forcefully advocated for overturning redundant and unlawful regulations.
While the news is focused on protests, healthcare and Russia investigations, there is good news for the western oil and natural gas industry. Congress has begun rolling back federal regulatory overreach from the previous administration and laid the groundwork for additional reforms. It’s worth taking inventory of the first seven months of the legislative session.
Optimism abounds in the oil and natural gas industry since November 9th when Donald Trump unexpectedly won election. Like any industry, ours is a diverse one with all political viewpoints. But it was no secret that the Obama Administration was hostile to our industry and used regulatory overreach to make American development and production of oil and natural gas more difficult. The optimism results from not having four more years of a hostile regulatory environment, and the chance to overturn the redundant federal regulatory overreach that went far beyond reasonable oversight of oil and natural gas.
As the Senate weighs Congressional Review Act action on the BLM venting and flaring rule, activist groups like EDF have reached new levels in their campaign to save BLM’s disastrously expensive and ill-conceived rule. In its latest plea for action, EDF features what can only be described as creative writing in its completely unsupported claims about methane and the oil and natural gas industry.
Western Energy Alliance debunks the myths about the Bureau of Land Management’s (BLM) venting and flaring rule originating from groups like the Environmental Defense Fund (EDF).
Western Energy Alliance is far from the only voice expressing concern over BLM’s venting and flaring rule. A bi-partisan coalition of western states also question BLM’s actions. But you don’t need to take our word for it. Here it is in their own words.
United States District Court for the District of Wyoming held a hearing Friday to consider a preliminary injunction against BLM's rule to control venting and flaring of methane from oil and natural gas production. Suits were brought by Western Energy Alliance, the Independent Petroleum Association of America (IPAA), and the states of Montana, North Dakota and Wyoming. The trade associations and states request the court delay BLM’s January 17th implementation of the rule, which falls three days before the Trump Administration takes office.
A funny thing happened on the way to solving climate change…natural gas proved to be the most effective solution. Natural gas has done more to reduce greenhouse gas emissions than any government program, international treaty, subsidized renewable energy, or other orthodox measure to save the planet.
BLM’s proposed venting and flaring rule is the administration’s latest regulation targeting oil and natural gas production. BLM’s proposal suffers from wide-ranging problems including jurisdictional overreach into air quality, technologically infeasible requirements, and implementation costs that far exceed the rule’s benefits. Our comments on BLM’s proposal were 90 pages and spoke to the myriad problems, but I want to hone in on a few key numbers that demonstrate the flaws in BLM’s assumptions about the proposed rule’s impact.