On the recordFebruary 26, 2025
Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I spoke before about how the Methane Emissions Reduction Program is a win-win and how this resolution is a lose-lose. The bottom line is that curbing methane waste is an opportunity for the oil and gas industry itself. The industry really wants to waste less methane. It is simple logic. Each molecule of methane saved is one they can sell to people. Oil and gas operators emit the equivalent of about $2 billion worth of wasted natural gas every year, and there is money to be made in that. On the other hand, repealing this program, which is what this resolution does, will cost us $7.2 billion and at the same time pollutes our air. It is a lose-lose scenario. Mr. Speaker, I urge my colleagues to vote ``no,'' and I reserve the balance of my time.
