- The American Petroleum Institute says it would accept proposed rules on pollution from oil wells if it heads off a broad federal standard for methane leaks.
- The lobby group says it is willing to meet EPA limits on the release of smog-forming compounds from hydraulically fractured wells; such rules are in place for gas wells, and the EPA is considering expanding them to oil wells.
- Environmental advocates are pushing the EPA to regulate methane throughout production and refining - not just when gas and oil are extracted from underground - as the only way to reduce the volumes of gas being leaked.
- ETFs: XLE, ERX, VDE, OIH, XOP, ERY, DIG, DUG, IYE, XES, IEO, IEZ, PXE, FENY, PXJ, RYE, FXN, DDG