Energy Exchange

New Report Highlights Need for BLM to Slash Methane Waste, Pollution

330MThe 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 »

Also posted in General, Methane, Natural Gas / Comments are closed

Industry Study Applies Own Numbers to EDF Study, Strengthens Our Case for Regulation

The natural gas industry group Our Nation’s Energy (ONE) Future Coalition released a paper yesterday applying their own set of assumptions to an earlier analysis commissioned by EDF, which had shown that oil and gas methane emissions can be dramatically reduced for about a penny per thousand cubic feet of gas sold. Both analyses were carried out by ICF International.

We always welcome new points of view, but it’s important to note the new calculations change key variables in ways that boost the cost of reducing methane emissions while significantly understating benefits of these reductions. An even bigger problem comes when others in the industry public relations machine start to mischaracterize the study.

Despite these changes, the results still end up making what we think is a strong case for sensible regulatory standards to make sure that best practices become the standard practice industry-wide in order to reduce the oil and gas industry’s nearly 10 million metric tons of yearly methane emissions.

Even Slanted Figures Underscore Need for Rules Read More »

Also posted in Methane, Natural Gas / Read 1 Response

How Cutting Methane Waste Won the West – By Record Numbers

Cactus and Rig credit EarthworksOver 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 »

Also posted in Methane, Natural Gas / Read 3 Responses

Tackling Methane Pollution Even When Oil and Gas Markets are Down

9148692_e7baa12adf_oWhen the White House confirmed plans to limit methane pollution from the oil and gas sector — not just from new or heavily modified facilities, but thousands of existing wells, pipelines and other facilities that are currently emitting at least 9.3 million metric tons of the invisible heat-trapping gas each year — industry responded with the usual complaints about back-breaking costs.

Unlike recent years, those objections come with a twist: The widespread (and very real) challenges in an oil and gas sector struggling with a global supply glut and sharply lower prices, both enabled by the same unconventional production technologies that fueled the boom in the first place. We simply shouldn’t impose new regulations in a down market, the industry says.

To be clear: There’s no disputing these are tough times for oil and gas. Hard working Americans have lost good jobs by the tens of thousands. Communities are suffering. It’s a cycle familiar to anyone who’s been around the industry, even if that doesn’t make it any easier on people living through it now. Read More »

Also posted in Climate, General, Methane, Natural Gas / Comments are closed

Time is Money: Strong BLM Methane Waste Rules Should Be Finalized Without Delay

1219_Pocket Watch.TIFWhat 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 »

Also posted in Air Quality, Climate, Colorado, Energy Efficiency, Methane, Natural Gas / Read 1 Response

You Can’t Argue With Math: BLM’s Methane Rules Enjoy Strong and Diverse Support

BLMsupportThese numbers don’t lie. They represent the strong support new methane waste and pollution reduction rules from the Department of Interior’s Bureau of Land Management enjoy across the west. 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.

Here’s how this math adds up to a win for taxpayers, public health and the climate. Read More »

Also posted in Climate, Colorado, Methane, Natural Gas, Wyoming / Tagged , | Read 3 Responses