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New Federal Rule Won't Cover the Full Cost of Oil Well Cleanup — ProPublica

The new Bureau of Land Management regulation, which applies to nearly 90,000 wells on federal public land, is hampered by math errors and overly optimistic cost projections.

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Failed Oil Well Plugs Are Silent Polluters That No One Watches

Failed Oil Well Plugs Are Silent Polluters That No One Watches
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Oil industry profits don't pay for cleanup - High Country News

Oil industry profits don't pay for cleanup - High Country News
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The Rising Cost of the Oil Industry's Slow Death

This article first appeared at ProPublica and Capital and Main. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story…

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The Rising Cost of the Oil Industry's Slow Death — ProPublica

Unplugged oil and gas wells accelerate climate change, threaten public health and risk hitting taxpayers’ pocketbooks. ProPublica and Capital & Main found that the money set aside to fix the problem falls woefully short of the impending cost.

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As Texas oil wells leak toxic waste, no one wants to pay to clean it

As Texas oil wells leak toxic waste, no one wants to pay to clean it
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SEC Focused on Asset Retirement Obligations

Abandonment costs have now become “a focus area for the SEC”, and disclosures to the SEC must include all asset retirement obligations reported as both discounted and undiscounted figures.

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SEC focused on asset retirement obligations

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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'A Setup for Disaster' - Boulder Weekly

'A Setup for Disaster' - Boulder Weekly
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Newsom's Inaction Puts California Legislation Requiring Companies to Pay for Oil and Gas Well Cleanup in Limbo | The Benicia Independent ~ Eyes on the Environment / Benicia news & views

Newsom's Inaction Puts California Legislation Requiring Companies to Pay for Oil and Gas Well Cleanup in Limbo | The Benicia Independent ~ Eyes on the Environment / Benicia news & views
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