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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 new rules will be so costly to implement, they will effectively shut down these wells. In 2014, there were 770,000 stripper wells and their production accounted for approximately 20 percent of U.S. oil and gas production. It’s yet another example of the EPA using flawed methods to turn the screws on oil and gas production in the United States.