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New Regulations In Permian Could Deter Drilling
Oil price.com ^

Posted on 06/26/2022 7:33:33 AM PDT by TigerClaws

The EPA is considering a new label for parts of the Permian Basin that could deter or slow oil and gas drilling in certain parts of the prolific Permian Basin.

According to a regulatory notice, the EPA could label parts of the Permian Basin as violating federal air quality standards for ozone. If the EPA does indeed label parts as violating the standards, state regulators would need to find a way to clean up the air quality—and they would have three years to come up with a plan to do that. Their plans could include keeping new industrial facilities from making the air quality even worse and making sure current sites have the proper technology to keep the air quality at acceptable levels.

The EPA is facing a potential lawsuit from WildEarth Guardians over the matter, who brought the air quality issue to the EPA's attention last March.

The possible regulatory action adds yet another element of uncertainty to the oil industry, which is already facing an unknown future while being chastised for not investing more to produce more—whether that's refining or drilling.

"Creating uncertainty on permitting and inserting unnecessary regulatory barriers will only negatively impact the production necessary to meet the needs of consumers," Todd Staples, president of the Texas Oil and Gas Association, told Bloomberg.

The Permian Basin is responsible for the lion's share of the oil produced in the United States. In its latest Drilling Productivity Report, the EIA forecast that the Permian Basin's July production will climb to 5.316 million bpd, out of the total 8.901 million bpd produced across the seven most prolific U.S. basins. In June, the Permian is set to produce 5.232 million bpd, according to the EIA.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: biden; bidenflation; envirowackos; epa; ididthat; letsgobrandon; oil; poopypantsbiden; texas
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America Last.
1 posted on 06/26/2022 7:33:33 AM PDT by TigerClaws
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To: TigerClaws

“New Regulations In Permian Could Deter Drilling”

TAKE THAT PUTIN!!!! We don’t need your stinky oil! We’ve got plenty here!


2 posted on 06/26/2022 7:35:40 AM PDT by BobL (My hatred of Necons/Globalists exceeds my love of Ukraine or any other country, other than the US)
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To: TigerClaws

Yup! That branDUHn is doing everything he can to booteejudge us on a daily basis. Of course the “buck” doesn’t stop anywhere near him. 😵‍💫🤡🤬


3 posted on 06/26/2022 7:39:14 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: TigerClaws

THE SMOKE FROM THE FIRES THE USFS CAUSED CONTRIBUTED TO THIS OZONE PROBLEM-—BET YOU.


4 posted on 06/26/2022 7:39:28 AM PDT by ridesthemiles
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To: TigerClaws

Well, this country is in a hole.
And the Biden Administration just keeps digging.

Except, you know, they’ve sort of made digging illegal, if you know what I mean. It’s a special kind of stupid.


5 posted on 06/26/2022 7:41:50 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. It's "whatever".)
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To: TigerClaws

enviro wackos in control


6 posted on 06/26/2022 7:42:36 AM PDT by ronnie raygun
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To: TigerClaws

They are using same tactics used against logging, etc...lawsuits


7 posted on 06/26/2022 7:43:44 AM PDT by goodnesswins (....pervert Biden & O Cabal are destroying America, as planned. )
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To: TigerClaws

If we stop removing that evil Oil it will move to the surface and cause a Real Mess ,LOL


8 posted on 06/26/2022 7:44:16 AM PDT by butlerweave
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To: BobL

Do what Mad Maxine says is acceptable for the left- ignore the order and do not comply. Cmon Gov. Abbot - step up

Lets see the EPA bureaucrats come to Midland and Odessa and forcibly shut down the wells


9 posted on 06/26/2022 7:44:34 AM PDT by slapshot (Coke wants me to act less white? Well I will not purchase Coke Products- Get woke go broke-)
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To: All

Push to electric when people can’t afford the vehicles and states like Texas are having rolling blackouts/brownouts.

Seems supporting democrats is all a foreign adversary need do to destroy America.


10 posted on 06/26/2022 7:44:37 AM PDT by TigerClaws
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To: TigerClaws

Ozone? I wouldn’t have imagined that. It’s amazing how creative our government can be when it hates you.


11 posted on 06/26/2022 7:46:29 AM PDT by Pearls Before Swine
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To: TigerClaws
Push to electric when people can’t afford the vehicles and states like Texas are having rolling blackouts/brownouts.

They want to take millions of vehicles off the roads and force us to use public transportation or use uber as needed.

12 posted on 06/26/2022 7:46:45 AM PDT by MinorityRepublican
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To: TigerClaws
The EPA is facing a potential lawsuit from WildEarth Guardians over the matter ...

A whiter group of trust fund kiddies would be hard to find. They have fame from winning a case back in 2011 that added hundreds of species to wildlife protected status.

Like almost all of the Greens legal wins, the government simply does not fight them in court but accedes to their wishes, plus legal fees to keep them going.

And here the EPA is looking to these anarchists for legal, social or business advice?

13 posted on 06/26/2022 7:49:05 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: TigerClaws

They want us dead. No more complicated than that.

Be a shame if they got dead first.


14 posted on 06/26/2022 7:49:19 AM PDT by E. Pluribus Unum (Contempt for pre-born human life breeds contempt for post-born human life.)
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To: slapshot

“Cmon Gov. Abbot - step up. Lets see the EPA bureaucrats come to Midland and Odessa and forcibly shut down the wells”

I hear you, but we don’t live in that world anymore. Thank Canadian Truckers - all DC has to do is type a few keystrokes and Abbot’s bank accounts are frozen, a few more and they’re drained. Anyone try to help Abbot, same treatment, and their families. (and trust me, bank accounts are only one for a near-infinite number of tools available to them)

First step for Texas has to be severing ourselves from DC, in every way possible. Then we can start with some hardball.


15 posted on 06/26/2022 7:51:18 AM PDT by BobL (My hatred of Necons/Globalists exceeds my love of Ukraine or any other country, other than the US)
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To: texas booster

The EPA is facing a potential lawsuit from WildEarth Guardians over the matter

Isn’t that how the government funds these crazy groups


16 posted on 06/26/2022 7:51:54 AM PDT by butlerweave
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To: TigerClaws
"YOU STUPID DEPLORABLES!!! I'm doing everything I can to bring gas prices down! Now shut up, man!"

17 posted on 06/26/2022 7:52:54 AM PDT by ProtectOurFreedom (Wanting to make America great isn’t an insult unless you’re trying to make it worse! ULTRAMAGA!!)
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To: ClearCase_guy

Yep in a hole being run by an asshole (Biden)


18 posted on 06/26/2022 7:53:31 AM PDT by OHPatriot (Si vis pacem, para bellum)
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To: ClearCase_guy

“It’s a special kind of stupid”.

Do you really believe they are stupid


19 posted on 06/26/2022 7:53:42 AM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: TigerClaws

$5.50 gasoline, here we come!


20 posted on 06/26/2022 7:55:57 AM PDT by Tolerance Sucks Rocks (Bus No. 2525)
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