Reposted by Lynne Lewis
BLM is proposing to weaken bonding requirements for oil & gas wells on federal lands.
Daniel Raimi @danielraimi.bsky.social of @rff.org and I argue:
This means BLM can't do its job as required by the Mineral Leasing Act, exposing taxpayers to remediation costs.
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www.rff.org/publications...
rff.org
Comment on the Bureau of Land Management’s Proposed Rule on Oil and Gas Leasing
Proposed changes would have little impact on domestic oil and gas production but would substantially increase the risk that US taxpayers will have to shoulder the costs of decommissioning oil and gas ...