Leaving taxpayers to deal with huge environmental mess is framed here as a unique problem to the Permian. But you’d be hard pressed to find any huge oil and gas buildout that didn’t have it at the core of the business model. US abandoned wells number in the millions. www.reuters.com/article/busi...
@kostyack.bsky.socialTexas hopes the Permian basin's oil and gas will make it the center of the US data center boom. But geological instability caused by the industry's wastewater complicates this economic development strategy - and threatens widespread environmental damage. [gift link] www.wsj.com/business/ene...
wsj.com
America’s Biggest Oil Field Is Turning Into a Pressure Cooker
Drillers’ injection of wastewater is creating mayhem across the Permian Basin, raising concern about the future of fossil-fuel production there.