Trump drastically rolls back oil and gas methane rules

On October 28, President Trump announced the repeal of methane regulations established by Biden, claiming it would save $45 billion for consumers and energy producers. This decision was made during a rally in Texas supporting Attorney General Ken Paxton's Senate campaign. Trump emphasized that the rollback would enhance natural gas production in Texas, the top fossil fuel state. The EPA supported the cost-saving claims but did not provide detailed figures. Trump aims to reduce energy costs amid rising oil prices and potential losses for Republicans in the upcoming midterm elections. Methane is a significant greenhouse gas, contributing to global warming, with the U.S. being the largest emitter in the oil and gas sector.