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Trump announces end of Biden-era methane rule, citing $45B in savings
Fox Business • • nation
Key Points:
- President Donald Trump announced the termination of a Biden-era methane emissions rule for oil and gas drilling, claiming it will save $45 billion and unlock 210 million barrels of oil.
- The rollback aims to boost domestic energy production amid high fuel prices and geopolitical tensions with Iran.
- Methane, a major greenhouse gas, is primarily emitted by oil and gas operations, which the Biden-era rule sought to regulate.
- EPA Administrator Lee Zeldin stated the agency would end the "Super Emitter Program" and ease regulations on smaller wells to maximize U.S. energy potential.
- Environmental groups have criticized the move, warning it could lead to increased pollution and waste.
