On July 31, several groups including community groups, environmental and health groups filed a lawsuit challenging the U.S. federal government’s decision to postpone the implementation of standards controlling methane pollution within the oil and gas industry. These standards have been in force for about a year, but the current administration, through the EPA, passed a new rule putting on hold the enforcement of these standards for another 18 months.
For firms like GEMXX Corp. (OTC: GEMZ) conducting their oil and gas exploration activities in Latin America, the storm in the U.S. regarding the new interim rule published by the EPA will be of interest as it highlights the conflicts between operators in oil and gas on one hand and those who don’t want to see…
NOTE TO INVESTORS: The latest news and updates relating to GEMXX Corp. (OTC: GEMZ) are available in the company’s newsroom at https://ibn.fm/GEMZ
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