BMEWS
 
Death once had a near-Sarah Palin experience.

calendar   Wednesday - January 14, 2015

Obama Slams EPA Brakes On Recovering Economy?

Cheap Gas? Obama: New Methane Limits For Fracking!!!

The Obama administration pushed new regulations Wednesday aimed at cutting methane emissions from the natural gas sector, calling the proposed rules a needed step to address global warming as industry groups warned the move would threaten “America’s energy renaissance.”

Relying once again on the Clean Air Act, the rules—the first of their kind—join a host of others that President Obama has ordered in an effort to slow global warming despite opposition in Congress that has only hardened since the midterm elections.

Although just a sliver of U.S. greenhouse gas emissions, methane is more powerful than carbon dioxide at trapping heat in the atmosphere.

The White House set a new target for the U.S. to cut methane emissions by 40 percent to 45 percent by 2025, compared with 2012 levels. To meet that goal, the Environmental Protection Agency will issue a proposal affecting oil and gas production, while the Interior Department will update its standards for drilling to reduce leakage from wells on public lands.

The American Petroleum Institute, which represents the oil and gas industry, decried the proposal—questioning why the government would seek new rules when methane emissions have fallen.

“Even with that knowledge, the White House has singled out oil and natural gas for regulation,” API President Jack Gerard said in a statement.

He predicted emissions would continue to fall without government intervention, but said, “another layer of burdensome requirements could actually slow down industry progress to reduce methane emissions.”

Further, he said new regulations “could threaten the shale energy revolution.”

“We need our government to implement sound policies, but this plan seems to be based on politics,” Gerard said.

Yeah, well, no kidding. Even when the economy had the audacity to start to heal, all based on the success of the petro industry DESPITE all this regime’s new rules and regulations and refusal to allow use of federal land, refusal to sign Keystone XL, and so on, now that gas is getting close to being affordable once again for the first time in ages and ages, now the leftist tree humper wants to throw another big speed bump in the way, to take away any hope we might finally have a bit of positive change? Because of Global Warming? As another polar vortex grips the nation for another winter, and snow falls in Saudi Arabia for the 3rd year in a row? That one? The one that doesn’t friggin’ exist?

How much is it going to take to throw this bum out?

Do I need to ask, whose side is this guy on?

The oil and gas industry has insisted such rules aren’t necessary because the industry is already working to reduce methane leakage. After all, methane is natural gas, so the less that leaks during production, the more of it that companies have left to sell.

“We’re doing a good job,” said Howard Feldman, the regulatory director at the American Petroleum Institute. He noted that existing pollution rules on smog-forming pollutants have had the added benefit of cutting methane. “We don’t think it’s necessary to go after methane in any way, shape or form.”

Well duh. Like business is going to just piss away income that they have the ability to collect? So they need new rules to stop them? What kind of commie thinking is that?


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Posted by Drew458   United States  on 01/14/2015 at 08:02 PM   
Filed Under: • EconomicsObama, The OneOil, Alternative Energy, and Gas Prices •  
Comments (4) Trackbacks(0)  Permalink •  
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