Last Year, Environmental Protection Agency (EPA) Administrator Lee Zeldin said the agency will be reconsidering Biden-era oil and gas sector methane rules and delay compliance deadlines with those regulations. That move, along with EPA’s recent decision to rescind its greenhouse gas endangerment finding for vehicle emissions, has led climate experts to speculate on the fate of federal methane rules altogether.
The EPA’s 2024 final rule to curb methane from oil and gas operators made a separate endangerment finding that is not directly affected by the February 12 rule, Bracewell’s Jeff Holmstead told S&P Global.
“My understanding is that EPA does not plan to revoke that finding or the methane rules,” Holmstead said. The oil and gas industry has also lobbied the EPA, both publicly and privately, not to revoke the methane rules, although it has pushed for revisions, Holmstead added.