Nov 2, 2021 IPAA Statement on EPA Proposed Methane Rule
WASHINGTON, D.C. – The Independent Petroleum Association of America (IPAA), which represents independent oil and natural gas producers and service companies across the United States, released the following statement in response to the U.S. Environmental Protection Agency’s (EPA) proposed methane rule:
IPAA President & CEO Barry Russell: “IPAA recognizes the need for environmentally sound, cost-effective regulations to manage emissions. There is consensus among companies small and large on the importance of reducing emissions and new breakthrough technologies have been developed to more cost-effectively and efficiently monitor and measure emissions. IPAA is encouraged by its initial analysis of EPA’s proposed regulations – the agency has tried to be responsive to our concerns for improved cost-effective monitoring technology and recognizing the importance of addressing small business challenges. EPA is seeking more technical information as it gets into the details of the proposed changes. IPAA will be reviewing the 284-page rule and the regulatory analysis and awaits the findings of the Department of Energy’s study on marginal well emissions that will be completed ahead of the EPA’s comment deadline.”