Natural gas rule begins final review

Read the full story at The Hill.

The White House has started its final review of a proposed regulation to limit natural gas waste on public lands.

The regulation from the Interior Department’s Bureau of Land Management is intended to reduce the frequency by which oil and gas drilling companies allow gas to escape from wells, known as venting, or burn it, known as flaring.

The review of the White House’s Office of Management and Budget, which started Friday, is the final step before the regulation can be publicly released and opened for public comment.

The rule, which would only apply to wells drilled by private companies on leased federal land, is an important part of the federal government’s efforts to reduce emission of methane. Methane is the main ingredient in natural gas, and is a greenhouse gas with global warming power at least 20 times that of carbon dioxide.

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