Senate GOP Starts Reconciliation Process, Targeting IRA Methane Fee

Senate Republicans are floating a plan to repeal the Inflation Reduction Act’s (IRA) oil and gas methane fee as part of their initial budget reconciliation legislation, signaling such repeal could happen relatively quickly even as questions swirl about which other attacks on the IRA Republicans will prioritize in that bill or subsequent legislation. Senate Budget Committee Chairman Lindsey Graham (R-SC) in a Feb. 7 press release said that “stopping the Biden Administration’s natural gas tax, also known as the methane...