Across the country, oil and gas companies allow massive quantities of natural gas, worth billions of dollars, to leak into the air — and when it happens on federal lands, it’s the American public who loses. A new interactive tool lets users see, in real time, just how much American-owned gas private companies waste every second.
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Energy Exchange
$1.5 billion and counting: real time “waste ticker” reveals value of publicly owned gas that private companies waste
WATCH: New Mexico Residents Cheer BLM for Tackling Methane Waste
Last month the Bureau of Land Management took a much needed step to prevent the oil and gas industry from needlessly wasting American energy resources.
For oil and gas companies operating on public and tribal lands, the new standards will reduce the amount of methane that operators can leak, vent or burn into the atmosphere. These methane emissions result in massive amount of energy waste that translates to lost revenues for federal taxpayers and tribes. One recent analysis suggests that without these standards, taxpayers could lose out on more than $800 million in royalty revenue over the next decade. Read More
Face the Facts: BLM Methane Rules Needed, Have Wide Bipartisan Support
It’s unfortunate that a partisan group of Congressional representatives recently tried to turn back the clock on new rules from the U.S. Bureau of Land Management that can protect taxpayers and local communities from the needless waste of our natural gas resources and methane pollution.
It was a disappointing move, considering that a bipartisan group of elected officials came together to defend the BLM’s natural gas waste rule during a budget fight on the House floor in July.
Some members of Congress are really good at expressing their opinions. However, in this case the facts clearly show that efforts to cut waste and protect our air are necessary and warranted.
Fact: Despite some creative data cherry-picking to spin a different story, the data is clear that methane emissions from oil and gas operations have grown significantly in the past decade (up 8% since 2005). Read More
New Report Highlights Need for BLM to Slash Methane Waste, Pollution
The U.S. Bureau of Land Management should do more to protect taxpayers from unnecessary waste of their natural gas resources. That’s the main takeaway from a new report from the nonpartisan U.S. Government Accountability Office. Its findings again underline the urgent need for BLM to finalize strong new standards to reduce methane waste.
Methane is both the primary component of natural gas and a very potent climate pollutant. In fact, pound for pound, methane is more than 80 times worse for our climate than carbon dioxide in the short term. This means that unnecessary methane waste and pollution like the GAO found in this new report is a double whammy – depriving taxpayers of revenue due to us for the development of our natural gas resources and dangerously accelerating climate change.
The GAO finds that BLM needs more consistent policies in place to better limit methane waste and pollution from the oil and gas production it oversees on hundreds of thousands of acres of federal and tribal lands. It’s a big problem. Read More
How Cutting Methane Waste Won the West – By Record Numbers
Over the past few months, hundreds of thousands of people across the U.S. have spoken out in support of action on one very important topic: methane.
Methane is the main ingredient of natural gas. It helps heat our homes and power our economy. But when leaked or vented into the atmosphere, methane is also a potent greenhouse gas, more than 80 times more powerful than carbon dioxide over a 20 year timeframe.
The oil and gas industry is the nation’s largest source of methane emissions, but new action from the Bureau of Land Management could help change that dynamic out West.
The majority of oil and gas production on federal and tribal lands occurs in the western U.S. Unfortunately, the companies that extract the oil and gas that belongs to the American people are allowing way too much methane to escape to the atmosphere. One recent report found that taxpayers may lose more than $800 million in revenue over the next decade due to venting and flaring on public lands if no action is taken. This is a critical reason for why the BLM recently issued a new proposal designed to stop industry’s wasteful methane habits on federal and tribal lands. And why thousands of impacted community members have voiced their support for BLM’s proposal. Read More
Time is Money: Strong BLM Methane Waste Rules Should Be Finalized Without Delay
What do Farmington, NM, Oklahoma City, Lakewood, CO and Dickinson, ND have in common? These cities are in the heart of oil and gas country, and – most importantly – were locations in which the BLM heard overwhelming support for strong efforts to reduce wasteful venting, flaring and leaks from the oil and gas industry at a series of public meetings in recent weeks.
Methane is a potent climate pollutant and the main constituent of natural gas, so when oil and gas companies on public land allow methane to be leaked, burned or vented to the atmosphere, it not only impacts air quality and our climate, it also represents an economic loss to taxpayers.
Individually at each hearing, and collectively across all four, voices supporting strong BLM methane waste and pollution rules far outweighed the opposition. In the final tally, supportive statements outnumbered negative ones by more than three-to-one. This fits with recent polling that found that a bipartisan majority (fully 80 percent) of Westerners support commonsense rules to cut oil and gas waste on BLM managed lands. Read More