US Oil and Gas Must Cut Methane 80% to Meet Industry Targets, New Data Shows

Methane Emissions Findings: Aerial surveys reveal that US oil and gas facilities are emitting methane at rates approximately eight times higher than industry targets, necessitating an 80% reduction to meet environmental goals.

Regulatory Implications: The US EPA is implementing new methane regulations requiring better monitoring and detection technologies, which could impact the country's liquified natural gas exports, particularly to regions with strict emissions standards like the European Union.