Boom To Bust? Obama Targets America’s ‘Fracking’ Revolution

The Daily Caller reports:

The Obama administration unveiled new regulations on Wednesday targeting methane emissions from oil and natural gas operations that the industry says could stymie the U.S. energy boom.

“As oil and natural gas production has risen dramatically, methane emissions have fallen thanks to industry leadership and investment in new technologies,” said Jack Gerard, president of the American Petroleum Institute, the nation’s top oil and gas lobby.

“Onerous new regulations could threaten the shale energy revolution, America’s role as a global energy superpower,” Gerard added.

The White House’s plan looks to reduce methane emissions from oil and gas operations 40 to 45 percent by 2025.

Strongman Obama makes his own law.