Permian Basin facing new environmental rules that could curb drilling



Jennifer A Dlouhy 6/24/2022

(Bloomberg) — The Biden administration is considering triggering tougher anti-smog requirements that could curb drilling across parts of the Permian Basin, the world’s biggest oil field that straddles Texas and New Mexico.


The Environmental Protection Agency is weighing labeling parts of the Permian Basin as violating federal air quality standards for ozone — a designation that would force state regulators to develop plans for cracking down on that smog-forming pollution. The move, outlined in a regulatory notice, could spur new permitting requirements and scrutiny of drilling operations.

Ozone levels in the basin have surpassed a federal standard “for the last several years — really since the fracking boom took off in the Permian,” said Jeremy Nichols, climate and energy program director for WildEarth Guardians. The conservation group formally petitioned EPA for the so-called non-attainment designation in March 2021 and, roughly six months later, warned the agency it intended to sue to force action. The designation “basically says you’ve got to clean up this mess or the consequences are going to get even more severe as far as restricting your ability to permit more pollution and more development,” he said. 

While Texas does not have monitors taking ozone readings on its side of the Permian, monitors just over the border in the Eddy and Lea counties of New Mexico have recorded average ground-level ozone levels exceeding the 2015 standard of 70 parts per billion several years running. Even at low levels, ozone can worsen asthma, emphysema and other respiratory illnesses.

If the region is deemed in violation, state regulators would have three years to develop plans for lowering ozone levels, including by preventing new industrial facilities from worsening air quality and ensuring existing sites deploy technology to keep pollution at bay.

The resulting uncertainty could constrain energy development in the region, said Todd Staples, president of the Texas Oil and Gas Association. “Creating uncertainty on permitting and inserting unnecessary regulatory barriers will only negatively impact the production necessary to meet the needs of consumers.”






Source link

Related articles

Ripple’s RLUSD Wins Historic Moody’s Score After US Financial institution Approval

Key TakeawaysMoody’s assigned RLUSD A2 long-term and P-1 short-term deposit scores a day after Ripple’s belief financial institution approval.The issuer targets 103% reserve protection, primarily in authorities property.Issuer chapter may delay redemptions past...

Sony Bravia Theater Trio evaluate: huge immersive sound for any display screen measurement or room form

Why you'll be able to belief TechRadar We spend hours testing each services or products we evaluate, so that you might be positive you are shopping for the most effective. Discover out extra about...

Biogen Inc. (BIIB) Q3 2026 Earnings Name Transcript

Firm Individuals Tim Energy - Head of Investor RelationsChristopher Viehbacher - President, CEO & DirectorPriya Singhal - Govt VP & Head of ImprovementRobin Kramer - Govt VP & CFOAlisha Alaimo - President...

Actor Anthony Boyle Contacted Ex-FTX CEO as A part of Netflix Portrayal

In about three weeks, Netflix is ready to launch one of many first dramatizations of the saga of cryptocurrency trade FTX since its CEO, Sam “SBF” Bankman-Fried, was discovered responsible and sentenced to...

XTB’s Quarterly Revenue Quadruples and Beats Forecasts as Purchasers Commerce Much less

GMO Knowledge Leak Hits Brokers; Eightcap UK Stories Decrease Revenue GMO Knowledge Leak Hits Brokers; Eightcap UK Stories Decrease...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com