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The oil and gas industry could not abandon polluting, decaying wells

By Hicbd
Thu Jan 14 2021 8:55 am

"More than a century of oil and gas drilling has left behind millions of abandoned wells, many of which are leaching pollutants into the air and water. And drilling companies are likely to abandon many more wells due to bankruptcies, as oil prices struggle to recover from historic lows after the coronavirus pandemic crushed global fuel demand, according to bankruptcy lawyers, industry analysts and state regulators."

URL:
https://www.reuters.com/article/us-usa-drilling-abandoned-specialreport/special-report-millions-of-abandoned-oil-wells-are-leaking-methane-a-climate-menace-idUSKBN23N1NL
https://theconversation.com/the-growing-cost-to-clean-up-abandoned-and-orphaned-wells-143673
https://www.yesmagazine.org/environment/2020/08/13/pollution-oil-wells-montana/

URL Credit

Categories:
Environment Pollution Climate Change / Global Warming U.S. Environmental Protection Agency (EPA) / Environmental Regulation Oil and Gas Industry Corporate Bankruptcy Government Regulation / Oversight

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