Yesterday President Obama signaled now the war on coal is largely won (coal lost), he’s moved on to a war on the oil and gas industry. The White House announced their intent to have the federal EPA and other agencies, like the Bureau of Land Management, impose onerous new “rules” on so-called fugitive methane emissions in the oil and gas industry (see White House Pledges to Cut “Fugitive” Methane by 40-45%). Here’s what you need to know about yesterday’s announcement: So far, there are no specifics as to how the EPA will cut those emissions by 40-45%–what draconian measures they will adopt. That’s coming along this summer. Yesterday’s announcement was simply “get ready for the next shoe to drop.” It was Obama, like the bully he is, telling his intended victims he’s coming and he’s going to beat them up, real bad. So now we wait until “summer” when the shoe will drop. Below we have reaction, both praising and condemning Obama’s plan to regulate methane emissions…
