Even as Donald Trump’s incoming administration is promising to reverse costly regulations on the energy sector imposed by the Biden-Harris administration, the Texas Railroad Commission is set to adopt a proposal tomorrow that would add substantial burdens to the oil and gas producers and the state’s economy.
Despite its name, the agency does not regulate railroads but does oversee the oil and gas industry. Three commissioners, elected statewide to staggered, six-year terms, oversee the agency.
Leading up to and since the November election, President Donald Trump has promised to roll back rules and regulations seen as impeding the “drill, baby, drill” ethos of his domestic energy program.
Yet, in GOP-dominated Texas, a new environmental rule is set to be adopted on Tuesday under the pretense of addressing pollution and safety issues. Advocates and opponents both see the proposal as making it more difficult for oil and gas producers in Texas.
Drafted when a second Biden term was considered all but certain, industry observers say the measure—benignly known as “Waste Management Procedures”—ignores “physical, economic and operational differences” in the oil and gas business to the apparent benefit of firms specializing in environmental paperwork management. […]
— Read More: dallasexpress.com
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