Every physician would tell you that regular check-ups are important for your health, to catch problems before they become big issues, and to let you know that everything is in working order. Regular check-ups are also important for the oil and natural gas industry, whose leading actors benefit from periodic site inspections for natural gas leaks, which let product go to waste and pollute the air our families breathe.
Unfortunately, EPA Administrator Scott Pruitt slammed the brakes on these regular check-ups for methane emissions (the main component of natural gas), when EPA announced its intention to freeze for two years safeguards that include a national standard for twice annual leak detection inspections at new well pads. And mere hours later, the Bureau of Land Management suspended waste prevention standards on federal and tribal lands. While these actions might initially be popular among some in the oil & gas community in Texas, the long-term repercussions will be severe.
With commodity prices recovering and a wave of development expected in the Permian Basin, the leak detection requirements were to take effect in time to support responsible development of new resources. Read More