U.S. RAISES GAS PRICES
President Obama's plans to add costly new regulations on methane when emissions are already falling could harm America's shale energy revolution that has lowered energy costs for American consumers by $700 a year at the pump and $1200 in home utility bills, said API Vice President of Regulatory and Economic Policy Kyle Isakower.
"Additional regulations on methane by the administration could discourage the shale energy revolution that has helped America lead the world in reducing emissions while significantly lowering the costs of energy to consumers. The administration is catering to environmental extremists at the expense of American consumers.
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