WASHINGTON – Institute for Energy Research President Thomas Pyle issued the following statement in response to the Obama administration’s proposed regulation on methane:
“EPA’s proposed methane regulation is redundant, costly, and unnecessary. Energy producers are already reducing methane emissions because methane is a valuable commodity. It would be like issuing regulations forcing ice cream makers to spill less ice cream.
“The Obama administration’s latest attack on American energy reaffirms that their agenda is not about the climate at all—it’s about driving up the cost of producing and using natural gas, oil, and coal in America. The proof is in the EPA’s own research on methane, which shows that this rule will have no discernible impact on the climate. Like most of the regulations coming out of this ideologically driven EPA, the environmental benefits of this new methane rule are virtually non-existent, but the economic costs for American families are very real.
“In 2012 President Obama dismissed and mocked the notion that we could drill our way to lower oil and gasoline prices. He was wrong. Thanks to increases in oil production on private and state lands, Americans are feeling some relief from high energy prices. Today, this administration has issued yet another crushing regulation aimed at driving energy prices right back up again.”