“The latest comes from the Environmental Protection Agency, which has announced it may soon deem parts of the Permian Basin in Texas and New Mexico in ‘non-attainment’ with its ozone standards. Green groups last spring petitioned the EPA to do this to effectively force curbs on shale fracking. The Permian is currently the most productive, and cost-effective, oil shale reserve in the U.S. It accounts for 43% of U.S. oil production.”

Originally published here at WSJ on 29 June 2022.