The Environmental Protection Agency has a new target in it’s sights…strippers. Now that we have your attention, In this edition of The Heartland Daily Podcast, research fellows Bette Grande and Isaac Orr discuss how the EPA is targeting oil and gas wells that produce less than 15 barrels of oil equivalent per day. These wells, also known as stripper wells, are under attack from new EPA methane regulations that inappropriately apply rules for new wells on these typically older, lower volume wells.
The U.S. Environmental Protection Agency (EPA) issued its final methane rule on May 12. The 600-page rule is agenda-driven and backed by pseudoscience, emotions, and unicorn dust, and it’s important to note one specific change in the final rule amounts to a regulatory taking. The final rule imposes costly regulations on wells producing fewer than 15 barrels per day, effectively shutting down those businesses.
The campaign is about all fossil fuels: oil, gas, and coal. Instead of an “all of the above” energy policy, when it comes to fossil fuels, they want “none of the above.” A big part of the effort is focused on preventing the extraction of fossil fuels on public lands—which is supported by presidential candidates Senator Bernie Sanders and Secretary Hillary Clinton. The recent moratorium of leasing federal lands for coal mining, announced by Secretary of Interior Sally Jewell, is considered a great victory for “keep it in the ground.”
Some people incorrectly think hydraulic fracturing — fracking — is responsible for the increase in earthquake activity in Oklahoma and Texas. Scientists, however, believe the quakes are caused by the use of underground injection wells to dispose of oil and gas wastewater. The increase in tremors spurred a coalition of scientists, regulators, industry experts and environmentalists to produce a 148-page report exploring why these earthquakes are occurring and how to prevent future incidents.
Sand from the upper Midwest is coveted for hydraulic fracturing. It is the right size, shape and cleanness (almost pure quartz). It is also highly resistant to crushing under immense pressure, acting as a network of pillars (think of the Parthenon) keeping open the tiny fissures made in the rock in the process of hydraulic fracturing, allowing the oil and natural gas to flow up from the rock deep underground.
A new report from the Government Accountability Office (GAO) confirms what many small-government environmentalists have been saying for years: States are more effective at regulating the disposal of wastewater from hydraulic fracturing operations than is the Environmental Protection Agency.
Hydraulic fracturing, also known as “fracking,” is a technique for recovering oil and natural gas from shale rock formations once too costly to develop. The use of fracking is sweeping the nation, resulting in a surge in production that has made the U.S. the single-largest producer of both oil and natural gas in the world, a feat that was unthinkable just a decade ago.
Ohio sits above the Utica and Marcellus shales, two geologic formations that have rich energy potential waiting to be unlocked by the process of hydraulic fracturing, commonly referred to as “fracking.” Increased energy production has the potential to be a powerful economic engine for unemployed Ohioans, but the debate over hydraulic fracturing has served to highlight the natural and political fault lines running through the state.