cross-posted from: https://news.abolish.capital/post/42980
The orphan wells trace back to a tangled web of foreign investors, a company based in the British Virgin Islands and a last-ditch effort to sell to a Chinese company for $22M
From The Narwhal via This RSS Feed.
They need to pay upfront for the cleanup.
Exactly. I’ve got to leave a deposit with my landlord in case I leave a mess when i move out, same should go for these oil companies.
Actually, that’s illegal. They can ask for the first month rent early but not a deposit.
Must be nice to live where you do; around here, damage deposits are kept in trust, and returned when you move out, with interest, minus any amount needed to pay for damage repairs.