API: EPA’s New Source Review memorandum provides needed regulatory certainty

WASHINGTON, March 13, 2018 – API issued the following statement regarding the release of EPA’s memorandum on existing New Source Review (NSR) regulations.  

“EPA’s practical clarification to the language in the NSR regulations is a positive step that will help reduce uncertainty in the permitting process, while protecting public health,” Senior Director of Regulatory and Scientific Affairs Howard Feldman. “Balanced, effective NSR regulations allow our industry to invest in new facilities and energy infrastructure in ways that improve environmental performance.”

Improving infrastructure permitting can help unleash more than a trillion dollars in private sector investments, critical to ensuring that Americans can continue to benefit from increased production and use of the energy to meet the needs of a dynamic and growing economy.

“Through the development of cleaner transportation fuels and greater use of natural gas, our industry is contributing to a cleaner environment – including helping the U.S. reduce ozone concentrations by 17 percent since 2000,” said Feldman. “Our commitment to safety and environmental stewardship can help continue these trends as communities across the country benefit from the responsible development and use of America’s oil and natural gas.”

API is the only national trade association representing all facets of the oil and natural gas industry, which supports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy. API’s more than 625 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 40 million Americans.