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API reports methane emissions fall below existing regs

Carlton Carroll | PennEnergy

The American Petroleum Institute (API) said it will work with EPA to improve the agency’s new voluntary program on methane emissions but cautioned against duplicative regulations on oil and gas operations.

“Even as oil and natural gas production has risen dramatically, methane emissions have fallen, thanks to industry leadership and investment in new technologies,” said API Senior Director of Regulatory and Scientific Affairs Howard Feldman. “Methane is the primary component of natural gas, and emissions will continue to fall as operators innovate and find new ways to capture and deliver more of it to meet consumer demands. Voluntary programs are the best way to reduce methane emissions from existing sources. Industry is already incentivized to best determine how to cost-effectively reduce emissions and will consider participation in a voluntary program provided it has the necessary flexibility and incentives.” Full Story