API seeks changes to EPA's proposed oil, gas emission rules

03/15/2012 | FuelFix.com

Unconventional drilling activities could decline over the next couple of years if the Environmental Protection Agency moves forward with proposed oil and natural gas production emission rules, according to an American Petroleum Institute-commissioned study. Purchasing and installing equipment to mitigate drilling emissions would also boost costs for energy companies, the report stated. "EPA needs to fix these rules so they reduce emissions yet are still compatible with oil and natural gas development that creates jobs [and] government revenue and improves our energy security," said Howard Feldman, director of scientific and regulatory affairs at API.

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