Oil and gas lobby cedes to Biden in supporting regulation of methane

The American Petroleum Institute said Thursday that it supports the direct federal regulation of methane, a potent greenhouse gas, from current and existing oil and gas operations.

The position is a shift and concession by the largest oil and gas trade group, which is trying to position itself as willing to cooperate with certain aspects of President Biden’s aggressive agenda to combat climate change while opposing other efforts to limit fossil fuel production.

Methane, the main component of natural gas, is a greenhouse gas more potent but shorter-lived in the atmosphere than carbon.

“This is a new position for
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