EPA Sees GHG Cuts From Oil & Gas Settlements But Declines To Quantify

EPA officials say they expect that settlement agreements announced Oct. 31 with oil company Exxon Mobil and oil and gas producer PDC Energy requiring cuts in volatile organic compound (VOC) emissions will have a “co-benefit” of reducing sector greenhouse gases, though agency officials are declining to quantify the exact benefit. In the first proposed agreement , EPA is settling a Clean Air Act case it brought against Exxon Mobil Corp. and subsidiary ExxonMobil Oil Corp. alleging excess air emissions from...