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Hearing Highlights How Costly Methane Regulations Will Yield Little Climate Benefit

The consensus was nearly unanimous at Thursday’s House Science Committeee Environment Subcommittee hearing – appropriately titled “A Solution in Search of a Problem” – that the Environmental Protection Agency’s (EPA) methane regulations would place enormous costs on oil and gas producers while providing little environmental benefits. As the witnesses noted many times, methane emissions are already plummeting as natural gas production soars and new rules would hit producers at a time when they are already grappling with a difficult price environment.

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