Plain English
GovGreed Synthesis ·
This joint resolution nullifies the Environmental Protection Agency (EPA) rule titled Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions and published on November 18, 2024. The rule outlines compliance requirements under the Methane Emissions Reduction Program. Under the program, the EPA collects an annual charge on emissions of methane and other greenhouse gases from the oil and gas sector if the emissions exceed specified waste emissions thresholds.
Top Winners — Our Analysis
XOM
95% confidence
Deregulation eliminates methane charge compliance costs; Trump holds multiple $1K-$100K buckets per get_executive_branch_exposure; DoD contracts $347M per get_government_precedent
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CVX
90% confidence
Deregulation aids margins; Trump holds $1K-$100K buckets per get_executive_branch_exposure; McCaul (R) multiple buys $15K-$50K per get_bill_timeline
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OXY
85% confidence
Deregulation benefits Permian producer; Trump holds $1K-$50K per get_executive_branch_exposure; Salazar (R) $15K-$50K buy Oct 2024 per get_bill_timeline
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Action Timeline
2025-03-14
Signed by President.
2025-03-14
Signed by President.
2025-03-14
Became Public Law No: 119-2.
2025-03-14
Became Public Law No: 119-2.
2025-03-04
Presented to President.
2025-03-04
Presented to President.
2025-02-27
Received in the Senate, read twice, considered, read the third time, and passed without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 97. (consideration: CR S1419)
2025-02-27
Passed/agreed to in Senate: Received in the Senate, read twice, considered, read the third time, and passed without amendment by Yea-Nay Vote. 52 - 47. Record Vote Number: 97.
2025-02-27
Message on Senate action sent to the House.
2025-02-26
Motion to reconsider laid on the table Agreed to without objection.
Full Bill Text
HJ 35 ENR: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to “Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions”. U.S. House of Representatives text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IA One Hundred Nineteenth Congress of the United States of America At the First Session Begun and held at the City of Washington on Friday, the third day of January, two thousand and twenty-five H. J. RES. 35 JOINT RESOLUTION Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions . That Congress disapproves the rule submitted by the Environmental Protection Agency relating to Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions (89 Fed. Reg. 91094 (November 18, 2024)), and such rule shall have no force or effect. Speaker of the House of Representatives. Vice President of the United States and President of the Senate.
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