Proposed Policy Amendments 2012 and 2016 New Source Performance Standards for the Oil and Natural Gas Industry
On August 28, 2019, the U.S. Environmental Protection Agency (EPA) signed proposed amendments to the 2012 and 2016 New Source Performance Standards (NSPS) for the Oil and Natural Gas Industry that would remove regulatory duplication and save the industry millions of dollars in compliance costs each year, while maintaining health and environmental protection from oil and gas sources that the Agency considers appropriate to regulate. The proposed amendments are estimated to save the oil and gas industry $17 to 19 million a year, for a total of $97 to $123 million from 2019 through 2025. Comments must be received on or before November 25, 2019.