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On April 4, the Yangtze River Delta Railway ushered in the peak of passenger flow during the Qingming Festival. It is expected to send 4.1 million passengers today, 365,000 more than the same period last year, an increase of about 9.8%, and is expected to set a new record for single-day passenger volume. This years Qingming Festival railway transportation will start from April 3 to 7. The Yangtze River Delta Railway is expected to send 17.6 million passengers in 5 days, with an average daily passenger flow of 3.52 million, a year-on-year increase of 6.8%.The yield on the two-year U.S. Treasury note fell to a six-month low of 3.6550% and was last at 3.6611%.On April 4, local time on April 3, U.S. Secretary of Health and Human Services Robert Kennedy Jr. said that about 20% of the layoffs in the Department of Government Efficiency were wrong and needed to be corrected. The U.S. Department of Health and Human Services laid off about 10,000 people on the 1st. Kennedy said that people who should not have been laid off were laid off, and the department is restoring their positions. Kennedy said that canceling the entire lead poisoning prevention and monitoring department of the Centers for Disease Control and Prevention was one of the mistakes. At present, it is unclear what other projects Kennedy may plan to restore.Bank of Japan Governor Kazuo Ueda: Will consider the impact of food costs on consumers.On April 4, local time on the 3rd, the automobile company Stellantis said that due to the impact of the US import automobile tariff policy, the company decided to lay off 900 employees in its five US factories and suspend production operations at two assembly plants in Canada and Mexico. Antonio Filosa, Chief Operating Officer of Stellantis Americas, said that the US factories that were laid off were powertrain and stamping parts factories, which produced spare parts for two assembly plants in Canada and Mexico. According to the plan, the assembly plant in Canada will stop production for two weeks, and the assembly plant in Toluca, Mexico will suspend production throughout April. Filosa said the company is "continuing to evaluate the medium- and long-term impact of tariffs on operations."

Low-yielding US Oil Wells Emit Half of Methane, Survey Says

Charlie Brooks

Apr 21, 2022 09:26

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Methane is the second most significant contributor to climate change, behind carbon dioxide.


Environmental organizations criticized the proposed regulation because it required corporations to monitor just major well sites spewing an estimated three tons of methane per year or more, which the government said accounted for 86 percent of leaks.


Marginal wells produce fewer than 15 barrels of oil equivalent per day and release methane at a rate six to twelve times that of the national average, the research said. This is comparable to losing 10% of their gas into the atmosphere.


It demonstrates how, by exempting those wells from regulation, the EPA would be oblivious to a massive source of methane.


"The methane impact of these little wells is huge and cannot be disregarded," said Mark Omara, co-author of the research and an environmental scientist with the Environmental Defense Fund.


According to EPA spokesman Nick Conger, the agency received the report's information during the public comment period on the November proposal.


"We are taking it into account, as well as all other comments received, as we create a supplementary proposal that the Agency anticipates issuing later this year," he said in an e-mailed statement.


The oil and gas industry lobbied the EPA to exempt smaller wells from the regulations, citing the sheer volume of such wells and the associated costs of monitoring and repair.


Field observations revealed that "negligence and degradation" of equipment was the predominant source of methane emissions at low-production well sites, indicating that they might be prevented with more regular monitoring and site inspections, the research said.


The proposed EPA methane rule would be the first to control methane emitted by existing oil and gas operations, requiring oil and gas firms to periodically check and fix methane leaks at 300,000 of their largest well sites and other equipment.