Isn't that sweet , A memo from our mineral resources director to big oil companies explaining how they have been getting away with screwing taxpayers for years. Now that oil is above $ 50 they can afford to plug thier own damn wells.
Yea I knew the state required bonding a few years back then increased it. I couldn’t remember exact years. The old abandoned well that they are plugging now, from previous booms, weren’t bonded thus the state has had to pay for it. Which they got help with the Covid money
What’s dead?Its dead they took it off indefinitely. May be revisited next year but I dont see opinion changing at all
The solar farm. The reason this thread was startedWhat’s dead?
Oil companies will go bankrupt, cleanup of wells/facilities that are supposedly covered/bonded for environmental cleanup "well into the future" will experience costs that will exceed the policies and boom.... public will pick up the burden as usual.Yea I knew the state required bonding a few years back then increased it. I couldn’t remember exact years. The old abandoned well that they are plugging now, from previous booms, weren’t bonded thus the state has had to pay for it. Which they got help with the Covid money
Yea I knew the state required bonding a few years back then increased it. I couldn’t remember exact years. The old abandoned well that they are plugging now, from previous booms, weren’t bonded thus the state has had to pay for it. Which they got help with the Covid money
Talk about getting the shaft.