US President Donald Trump has announced plans to dismantle major environmental regulations restricting methane emissions from oil and gas production, arguing that the changes will reduce energy costs and strengthen American energy independence. Speaking at a Republican campaign rally in Lubbock, Texas, on Tuesday evening, Trump described the Biden-era restrictions as unnecessary burdens on energy producers, while environmental organisations warned that the decision could significantly accelerate climate change.
Trump promises $45 billion in savings
Addressing supporters ahead of the 3 November midterm elections, Trump declared that his administration would eliminate regulations requiring oil and gas companies to monitor and repair methane leaks.
The president claimed the changes would save businesses and consumers approximately $45 billion while enabling production of an additional 210 million barrels of oil.
The Environmental Protection Agency confirmed plans to revise existing requirements, particularly those affecting smaller oil and gas operators.
Fox Business+1
Environmental protections face major reductions
The proposed changes would dismantle significant elements of regulations introduced under former President Joe Biden.
Among the measures targeted is the Super Emitter Program, designed to identify major methane releases and require companies to investigate and address leaks.
The administration also intends to relax restrictions affecting smaller oil wells and routine gas flaring.
Methane is an exceptionally powerful greenhouse gas, trapping approximately 80 times more heat than carbon dioxide over a 20-year period.
Environmental groups argue that weakening controls will increase pollution, waste valuable natural gas and undermine efforts to limit global warming.
The Washington Post+1
Energy prices dominate election campaign
Trump’s announcement comes amid rising American fuel prices and growing concerns about the economic consequences of the conflict with Iran.
During his Texas visit, the president campaigned for Republican Senate candidate Ken Paxton, who faces Democrat James Talarico in a closely contested election.
Energy affordability has emerged as a central issue for voters, particularly in states heavily dependent on oil and gas production.
Reuters+1
Industry divided over environmental standards
Smaller producers have welcomed regulatory relief, arguing that compliance costs threaten their financial viability.
However, major energy companies, including ExxonMobil and Chevron, have previously supported federal methane standards while advocating modifications to specific requirements.
Climate policy enters another confrontation
The proposal represents another significant reversal of American environmental policy under Trump.
Although the administration argues that deregulation will encourage investment and lower energy prices, critics question whether those benefits justify potentially higher emissions.
The changes must still undergo the formal regulatory process, leaving their ultimate implementation uncertain.
NewsHub Finance | Environment & Energy | 28 October 2026
US President Donald Trump has announced plans to dismantle major environmental regulations restricting methane emissions from oil and gas production, arguing that the changes will reduce energy costs and strengthen American energy independence. Speaking at a Republican campaign rally in Lubbock, Texas, on Tuesday evening, Trump described the Biden-era restrictions as unnecessary burdens on energy producers, while environmental organisations warned that the decision could significantly accelerate climate change.
Recent Comments