New Biden EPA Methane Rule Will Kill One-Third of Active Gas Wells

EPA Administrator Michael Regan used a considerable amount of fossil energy and emitted tons of carbon dioxide to jet over to Dubai in December to participate in the COP28 confab, where he released a final rule that was “two years in the making” to force the U.S. oil and gas industry to cut methane emissions by using budget-busting new technologies and onerous (frequent) inspections (see Bidenistas Unleash Hellscape of U.S. Methane Regs at COP28). A new analysis by Enverus says these onerous new regs will likely force the closure of some one-third (34%) of actively producing gas wells in the country and result in the bankruptcy of many small drillers.

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