More Biden Oil And Gas Restrictions Are On The Horizon ...Middle East

Economy by : (OILPRICE) -
Despite pleading with oil and gas companies to boost their output in recent months, to tackle global shortages and rising prices, President Biden is once again hitting the industry hard by proposing a greater emissions reduction in operations. And he’s not the only one, as the U.K. and EU look to reduce gas flaring and venting practices to curb their methane emissions in line with climate pledges. The Biden Administration has proposed a rule to further limit methane leaks and gas flaring on public land, which could have a significant impact…

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