BLANKET BONDS, ABANDONED WELLS, AND THE PRICE WE WILL PAY

If you take the time to read this well researched report, there is one inescapable conclusion: the cost of abandoned or leaking wells has been successfully evaded by the oil and gas industry, due to inadequate financial bonding by regulatory agencies. Who will be left holding the bag for the environmental cleanup costs? You and me, that’s who….

Please read on:

The Moral Hazard of Blanket Bonds

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