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API Urges the Senate to Repeal the Bureau of Land Management's Methane Rule
 


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Statement from Erik Milito--API's group director for upstream and industry operations--in:
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(92 seconds)


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(MILITO):
"WE URGE THE SENATE TO FOLLOW THE HOUSE'S LEAD--AND VOTE TO REPEAL THE 'BUREAU OF LAND MANAGEMENT'S' METHANE-RULE.  THIS RULE--WHICH WENT INTO EFFECT IN THE FINAL DAYS OF THE OBAMA-ADMINISTRATION--IS REDUNDANT, FLAWED, AND UNNECESSARY.  IT COULD STIFLE INNOVATIONS THAT HAVE LED TO THE INCREASED USE OF CLEANER-BURNING NATURAL-GAS; THAT INCREASE IS THE MAIN REASON WHY ENERGY-RELATED CARBON-EMISSIONS, IN THE U-S, HAVE FALLEN TO LEVELS NOT SEEN SINCE THE EARLY '90S.  ACCORDING TO AN ANALYSIS BY 'ENVIRONMENTAL RESOURCES MANAGEMENT', THE ADDED COST OF COMPLIANCE COULD RESULT IN AS MANY AS 40-PERCENT OF FEDERAL-WELLS BEING SHUT-IN PERMANENTLY--AS THEY WOULD BECOME UNECONOMICAL TO PRODUCE.  AND, ACCORDING TO THE 'OFFICE OF NATURAL-RESOURCES REVENUE', EVEN A ONE-PERCENT LOSS OF ROYALTIES WOULD RESULT IN LOST FEDERAL-REVENUES OF OVER 14-MILLION DOLLARS--FAR MORE THAN THE THREE-MILLION TO 10-MILLION DOLLARS, IN REVENUE-SAVINGS, PROJECTED BY THE 'BUREAU OF LAND MANAGEMENT'.  THESE DECLINING REVENUES WOULD DIRECTLY IMPACT STATE- AND LOCAL-GOVERNMENTS.  AND, SUCH A DROP IN PRODUCTION WOULD REDUCE THE AVAILABILITY OF AFFORDABLE ENERGY TO CONSUMERS.  THE 'BUREAU OF LAND MANAGEMENT'S' RULE IS ALSO DUPLICATIVE OF REGULATORY-PROGRAMS THAT ARE ALREADY IN PLACE--BOTH FROM THE E-P-A, AND AT THE STATE-LEVEL:  THEY POSSESS THE LEGAL-AUTHORITY TO REGULATE AIR-QUALITY--WHILE THE 'BUREAU OF LAND MANAGEMENT' DOESN'T.  AND, THAT AUTHORITY IS BEING USED."



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