The Environmental Protection Agency just released the draft of its yearly greenhouse gas emissions inventory. It shows in no uncertain terms that methane emissions from the oil and natural gas sector are going in the wrong direction: Up.
Emissions from this overall sector are up two percent in 2013, which includes emissions from oil (petroleum) systems which were at their highest levels ever since estimates began in 1990 – and up 68 percent since 2005. Emissions from natural gas processing, where impurities are removed to produce pipeline quality gas, are up 38 percent since 2005. From transmission and storage: Up 11 percent.
Yet the industry’s public relations machine says emissions are falling. So what’s the disconnect? Read More