Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued the following statement on EPA’s announcement today of actions to advance President Trump’s Day One executive orders on energy:
“IPAA commends President Trump and Administrator Zeldin for their efforts to reform and streamline this broad set of rules and regulations. Among the initiatives EPA is announcing today are reconsideration of two regulatory actions IPAA and other sectors of the industry have specifically petitioned EPA to address. IPAA appreciates the EPA’s effort to reconsider its Subpart OOOOb and Subpart OOOOc regulations and its Subpart W greenhouse gas reporting program affecting oil and natural gas producers. Reconsideration provides a pathway for making these regulations more cost-effective and well-structured. Subparts OOOOb and OOOOc are regulatory programs which if implemented as currently structured could result in 300,000 small, existing wells being shut down. Subpart W has been a key issue for IPAA because of its role in regulatory planning and the Methane Emissions Reduction Program (MERP) which includes the methane tax. IPAA and our members remain committed to working with the EPA to improve the Subpart OOOO rules and the accuracy of Subpart W reporting while encouraging continued progress toward reducing methane emissions.”
This article was originally posted at www.worldoil.com
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