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Gov. Gordon rejects federal funds that would harm oil and gas industry

Summary by Ground News
The Emissions Reduction Program offers a total of $350 million to states under the guise of reducing methane emissions. The target is low-volume oil wells, often referred to as stripper wells. Stripper wells provide about 10% of the state's oil production and generate about $265 million annual revenue.

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Gov. Gordon rejects federal funds that would harm oil and gas industry

CHEYENNE, Wyo. (KIFI) –  Governor Mark Gordon is rejecting funding from the Biden Administration that is harmful to Wyoming’s economy and interests by using federal Inflation Reduction Act dollars to shut down producing Wyoming oil wells. The Emissions Reduction Program offers a total of $350 million to states under the guise of reducing methane emissions. The target is low-volume oil wells, often referred to as stripper wells. Stripper wells p…

·Idaho Falls, United States
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KIFI broke the news in Idaho Falls, United States on Wednesday, October 4, 2023.
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