Oil and gas are our primary sources of energy. Regulations affecting this sector impact our entire economy. As such, it is vitally important that we understand the regulatory requirements and burdens being placed on this sector.
Over the last several years, EPA and other agencies finalized numerous regulations affecting the oil and gas sector. However, President Trump has issued numerous executive orders and presidential memoranda announcing his plans for regulation of oil and gas activities and rescinding numerous Obama-era policies. Agencies, such as EPA and Interior, have indicated that certain regulations are being reviewed to determine if they should be revised or rescinded. As a result, many of the regulations issued by the Obama Administration may be modified or repealed.
Overall, the presentation will provide an overview of the regulations issued by the Obama Administration and how the Trump Administration has or will address them based on the latest pronouncements, executive orders, and proposed rules as of the date of the presentation. Topics will include:
• the 2012 NSPS rule;
• the President’s Climate Action Plan and the Strategy to Reduce Methane Emissions;
• the final rule, 81 Fed. Reg. 35824 (June 3, 2016);
• the Information Collection Request for existing facilities;
• Source Determination, or ‘aggregation’ rule;
• other regulations of the oil and gas sector, such as the Petroleum Refinery Rule;
• rules issued in the closing days of the Obama Administration; and
• proposed or final changes, if any, by the Trump Administration.
Breazeale, Sachse & Wilson, LLP
Baton Rouge, Louisiana