Oil Companies Must Set Aside More Money to Plug Wells, a New Rule Says. But It Won’t Be Enough.
Oil Companies Must Set Aside More Money to Plug Wells, a New Rule Says. But It Won’t Be Enough.
www.propublica.org Oil Companies Must Set Aside More Money to Plug Wells, a New Rule Says. But It Won’t Be Enough.
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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One math error alone leaves taxpayers on the hook for roughly $400 million more than they should be.
que dr evil air quotes around the "math error"