Impartial Petroleum Affiliation of America (IPAA) President & CEO Jeff Eshelman issued the next assertion on EPA’s announcement right now of actions to advance President Trump’s Day One govt orders on vitality:
“IPAA commends President Trump and Administrator Zeldin for his or her efforts to reform and streamline this broad algorithm and rules. Among the many initiatives EPA is saying right now are reconsideration of two regulatory actions IPAA and different sectors of the business have particularly petitioned EPA to deal with. IPAA appreciates the EPA’s effort to rethink its Subpart OOOOb and Subpart OOOOc rules and its Subpart W greenhouse gasoline reporting program affecting oil and pure gasoline producers. Reconsideration offers a pathway for making these rules less expensive and well-structured. Subparts OOOOb and OOOOc are regulatory packages which if applied as at present structured might end in 300,000 small, current wells being shut down. Subpart W has been a key concern for IPAA due to its function in regulatory planning and the Methane Emissions Discount Program (MERP) which incorporates the methane tax. IPAA and our members stay dedicated to working with the EPA to enhance the Subpart OOOO guidelines and the accuracy of Subpart W reporting whereas encouraging continued progress towards lowering methane emissions.”