Trump Administration Terminates Biden-Era Methane Emissions Rule for Oil and Gas Industry

President Donald Trump announced his administration is 'terminating' a Biden-era rule designed to curb methane emissions from oil and gas operations. Trump stated the move would save consumers and energy producers $45 billion in costs and unlock 210 million barrels of oil. The Environmental Protection Agency (EPA) had previously proposed major revisions to these Clean Air Act regulations, which were the first to target existing wells.