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The oil and gas industry has reaped profits without ensuring there will be money to plug and clean up their wells. In Oklahoma, that work could cost more than $7 billion if it falls to the state.
Utility industry news and analysis for energy professionals.
This article first appeared at ProPublica and Capital and Main. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story…
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.
Whenever a hard rain fell on Harlan County, Kentucky, the mud, rocks and debris from the Foresters No. 25 mine pounded down the hillside into the community of Wallins Creek.