By John Solomon
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Independent voices from the TWT Communities
By about 2020, the United States will overtake Saudi Arabia as the world's largest oil producer and put North America as a whole on track to become a net exporter of oil as soon as 2030, according to a report from the International Energy Agency.
Carlton Carroll, a spokesman for the American Petroleum Institute, a lobbying group for the oil and gas industry, pointed out that many companies started developing the equipment to limit methane and other pollution before the EPA rule.
"API is not opposed to controls on oil and gas operations so long as the controls are cost-effective, allow sufficient lead time and can be implemented safely," Carroll said in an email, adding that the industry has requested some technical clarifications to the rule and is working with EPA on those.