EPA Revises Oil and Gas Rules, Estimates $2.5 Billion Savings in Compliance Costs

The U.S. Environmental Protection Agency on April 6 finalized revisions to its 2024 Clean Air Act standards for oil and natural gas operations, commonly referred to as OOOOb/c, easing certain requirements to reduce compliance costs and operational constraints for industry participants. The action modifies provisions in the Biden administration’s regulations governing emissions from new and…...