Federal charge for oil and gas methane leaks is now gone
What happened
US environmental regulators' rule for charging oil and gas companies for methane emissions has been canceled. Companies will not have to pay a federal fee for the methane they release.
Why it matters
US environmental regulators had a plan to make oil and gas companies pay for methane leaks. That plan is now officially dead. Companies will not face a federal fee for the methane they release into the air.
The signal
Watch for new state-level rules on methane emissions, or if federal agencies try to impose similar charges through different legal avenues.