EPA Proposes Major Revisions to Methane Emissions Regulations for Oil and Gas Facilities

The U.S. Environmental Protection Agency (EPA) proposed major revisions on October 29, 2026, to Clean Air Act regulations concerning methane emissions from oil and gas facilities. These revisions reconsider a 2024 rule that first regulated greenhouse gas emissions from existing sources in the sector, with the EPA estimating annual savings for small businesses between $2.7 and $2.8 billion from 2027 to 2050.