News Analysis
The U.S. Environmental Protection Agency (EPA) has issued a methane emissions rule that levies a first-ever “Waste Emissions Charge” on oil/gas producers starting at $900 per metric ton of emissions this calendar year before rising to $1,500 per emitted ton in 2026.
However, there’s little likelihood the rule will long survive, or the Waste Emissions Charge—the first of its type levied on the U.S. domestic fossil fuel industry. President-elect Donald Trump campaigned on a “drill baby drill” platform that pledges to roll back environmental regulations, fees, and permitting timelines on the nation’s oil and gas industry....