Finding a method to the methane madness
The Trump administration is fumbling its attempts to repeal President Obama's methane emissions limits. The oil and natural gas industry is, in turn, scrambling to respond to the resulting regulatory vacuum. The sector's main trade group is working to create a voluntary program aimed at addressing the issue, according to multiple executives in the oil industry whose companies are members of the group, the American Petroleum Institute.
Why it matters: These efforts to roll back Obama's methane rules offer a glimpse into how President Trump's deregulatory agenda is stoking industry uncertainty, and how the debate over climate change is influencing oil and gas companies operating in the United States.