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.
Fiscal conservatives had mixed emotions, to say the least, about the $1.6 trillion omnibus budget bill that was corralled through Congress by Republicans and Democrats alike. Among the few bright spots of this pork-laden spending package was a provision to lift the crude oil export ban which has been in effect since the Carter administration.