EPA Does it Again: Tries to Destroy O&G with New Methane Rule
Yesterday the federal Environmental Protection Agency–a rogue agency that is out of control and drunk on its own power (and needs reigning in)–issued more shale-killing regulations, designed to suppress the very revolution that has kept the United States out of an economic depression despite Obama’s wild spending spree. The EPA issued 600 pages of new regulations that require drillers to install expensive new equipment to locate so-called fugitive methane that may or may not be leaking from wells, pipelines, etc. And if they find such microscopic amounts of methane, they need to capture it. All in the name of preventing non-existent man-made global warming. What a lark. But it’s no laughing matter. You can tell it’s a bad regulation because the oil and gas industry has lined up against it, and radical, leftist environmental groups have lined up to support it. They should–they helped create it…
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The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: FERC wants more info on TGP 300 Line project; big divide between Ithaca and Watkins Glen; $48.8 billion worth of Marcellus/Utica deals in 5 years; Doylestown seeks a NEXUS reroute; new natgas-fired electric plant coming to Florida; o&g board members survive bankruptcy, sometimes; and more!