With Bankruptcies Mounting, Faltering Oil and Gas Firms Are Leaving a Multi-billion Dollar Cleanup Bill to the Public

DeSmogBlog
By Justin MikulkaOct 15, 2020, 6:00 am398 pts
Read time: 11 mins Amid a record wave of bankruptcies, the U.S. oil and gas industry is on the verge of defaulting on billions of dollars in environmental cleanup obligations. Even the largest companies in the industry appear to have few plans to properly clean up and plug oil and gas wells after the wells…

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