President Trump’s Environmental Protection Agency (EPA) is taking another step toward restoring a more practical balance between environmental protection, economic opportunity, and the role of the states.
Last week, on Oct. 27, the President and EPA Administrator Lee Zeldin announced proposed revisions to federal oil and natural gas regulations under the Clean Air Act, commonly known as OOOOb/c. The proposal reconsiders several requirements finalized in 2024 and, according to EPA, could reduce regulatory costs by $45 billion while allowing an estimated 210 million additional barrels of oil and 1.41 trillion cubic feet of natural gas to be produced.
Read the full story