EPA finalized a rule Wednesday that pushes back implementation of the Biden administration’s landmark crackdown on methane emissions from the oil and gas sector.
The regulation, Reg. 2060-AW61, gives oil and gas producers more time to comply with requirements to add methane emissions monitoring and control devices to their operations.
“The previous administration used oil and gas standards as a weapon to shut down development and manufacturing in the United States,” EPA Administrator Lee Zeldin said in a statement. “By finalizing compliance extensions, EPA is ensuring unrealistic regulations do not prevent America from unleashing energy dominance.”
The agency estimates that delaying various aspects of the Biden administration’s rule will save $750 million over 11 years.