Remove Cost Of Remove Oil Remove Pollution Remove Standards
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EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

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The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA. billion a year.

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EPA issues updated air pollution standards for oil and natural gas production; first federal rules for fracked natural gas wells

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In response to a court deadline, the US Environmental Protection Agency (EPA) has finalized standards to reduce air pollution associated with oil and natural gas production. These gases can pollute the air and as a result threaten public health. In 2015, all new fractured wells will be required to use green completions.

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

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EPA to develop regulations for methane emissions from existing oil and gas wells; ICR coming in April

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The US EPA will begin developing regulations for methane emissions from existing oil and gas sources—e.g., oil and gas wells. The agency announced plans to cut methane emissions from new oil and gas wells last year. This is a standard step in the development process for regulations to reduce air pollution.

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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

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Additionally, LNG engines are tuned to either emit low nitrogen oxide (NO x ) emissions—at the cost of higher methane emissions in some cases—or to incorporate NO x reduction technologies such as exhaust gas recirculation (EGR) or selective catalytic reduction (SCR). LNG is becoming popular for several reasons. Credit: The ICCT.

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Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

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Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Of course, other countries benefit from this fact, with about $900 million flowing out of the US to buy foreign oil every day, and about 40% of that going to OPEC. [

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Obama Administration announces first fuel economy and GHG standards for medium- and heavy-duty vehicles

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US President Barack Obama announced fuel efficiency and greenhouse gas emission standards for medium- and heavy-duty vehicles. Heavy-duty engines affected by the final standards are generally those that are installed in commercial medium- and heavy-duty trucks and buses. The standards will phase in to the 2017 levels shown in Table 1.