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New Mexico oil and gas industry criticizes Biden 'tax' on oil drilling air emissions ... oil and gas facilities $900 per metric ton of methane emitting in 2024, increasing to $1,200 per ton in ...
(The Center Square) – U.S. Sen. Ted Cruz, R-TX, filed a new bill to bolster U.S. energy production, led by the Texas oil and natural gas industry. Cruz on Thursday filed a bill to repeal a tax ...
The rule creates a methane tax and targets the U.S. oil and natural gas industry. ... the greatest volume of petroleum and marketed natural gas and would likely be disproportionately impacted by ...
The Biden administration issued a final rule Wednesday aimed at curbing methane leaks from oil and gas drilling on federal and tribal lands, its latest action to crack down on emissions of methane ...
The only state that has allowed oil and gas drilling beneath the Great Lakes in recent years has been Michigan, and that only by directional drilling from onshore surface locations. All oil and gas drilling, either on or directionally beneath the Great Lakes, has been banned by federal law since 2002.
The oil and gas industry supports the idea that states should control the regulatory specificities of fracking. [51] Some contend that these exemptions are carefully analyzed. A 2004 EPA study concluded that fracking injection in coalbed methane wells "posed little or no threat to drinking water;" the study has since been contraverted.
This represented a 10% decline in those favoring offshore oil rigs since 2014. Generally, people who live within 25 miles of the coastline oppose offshore oil drilling more so than those who live farther from the coast. Also, Democrats oppose additional rig development at a rate of 71%, while only 22% of Democrats favor more offshore oil rigs.
The Biden administration is ramping up efforts to reduce methane emissions, targeting the oil and gas industry for its role in global warming even as President Joe Biden has pressed energy ...