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Oil

Ozone debate between oil industry, environmentalists propels Congress to the outer limits

Agriculture | Thermal Coal | LNG | Oil | Crude Oil | Gasoline | Metals | Petrochemicals | Shipping

Market Movers Asia, March 18-22: All eyes on OPEC/non-OPEC committee meeting, China's VAT cut

Oil

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Renewables | Natural Gas | Oil | Crude Oil

CERAWeek: Equinor sees need for greater cooperation in oil, gas industry to fight climate change: Saetre

Listen: Ozone debate between oil industry, environmentalists propels Congress to the outer limits

Capitol Crude takes a look at the US EPA's National Ambient Air Quality Standards (NAAQS) for ground-level ozone, issued October 1, which sees the air pollution limit lowered from 75 ppb to 70 ppb, drawing protests from the oil and gas industry and environmental groups alike.

The administration said the new limits on ozone, which are a component of smog, would protect public health. Industry groups say higher energy costs will result, and the shale revolution that has boosted US oil and gas production could be cut off at the knees. Environmentalists, however, say the limit doesn't go far enough and would lead to serious health impacts.

Brian Scheid and Herman Wang talk to Frank O'Donnell, president of Clean Air Watch, about why the ozone regulation is so contentious and how the battle over the rules will shift to the courts and Congress.

Check back every Monday for the latest analysis of US oil policy news from leading Platts editors covering the Capitol. E-mail the editors at brian.scheid@platts.com and herman.wang@platts.com.


We welcome any feedback or suggestions for topics. Contact us at webeditor@platts.com.