New Federal & State Methane Emissions Regs Discourage PA Drilling

There is no doubt that recently issued regulations by the federal Environmental Protection Agency (EPA) and the Pennsylvania Dept. of Environmental Protection (DEP) aimed at reducing methane emissions are having a deleterious effect on the Marcellus industry in the Keystone State. The Bidenistas are proposing a huge tax on oil and gas drillers that will drive some companies out of business (see Full Attack Mode: Biden EPA Proposes New Punitive Methane Tax). The PA DEP is about to require detailed reports from all drillers, forcing them to use expensive equipment to monitor VOC and methane emissions (see Due Date for PA DEP Report re Methane Emissions Slips 6 Months). These national and state regulations are strangling the industry, although the Marcellus industry is putting on a good face.

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