DOI finalizes new oil-gas regs

WASHINGTON, D.C. – The U.S. Department of Interior finalized new and more stringent regulations Friday for oil and gas development on federal holdings, including offshore aimed at cutting carbon pollution. DOI’s new rules will require fracking operators to “construct sound wells, to disclose the chemicals they use and to safely recover and handle fluids used in the process.”In the coming months, the agency will also propose standards for reducing methane emissions at oil and gas sites on federal properties that includes the Gulf of Mexcio. (Source: Reuters 03/20/15)