Congress Votes To Get Rid Of Methane Use Fee For Companies
Most major oil and gas companies do not release enough methane to trigger the fee of $900 per ton.
Congress has voted to repeal a federal fee on oil and gas producers who release high levels of methane. Most major oil and gas companies do not release enough methane to trigger the fee of $900 per ton, an amount that was set to increase to $1,500 by next year. The fee was part of the 2022 Inflation Reduction Act…