'A win-win': Plugging Louisiana's 4,300 'orphaned' wells could boost industry, cut emissions

in lifehealth •  5 years ago 

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Plugging all of Louisiana’s orphan wells could employ just over 1,000 oil workers full-time for one year. It would also cut methane emissions by 558 metric tons per year, according to the report’s metrics.

Interesting article about a proposal to plug old oil wells. I like this idea for sure, but I just wonder why oil companies are allowed to let their wells get into this shape in the first place. Oil companies should be required to set aside some money for this before they drill.

Read the full story here....
https://www.nola.com/news/environment/article_6209ccc2-cc33-11ea-98b3-6ff39d64c7c1.html

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5 years ago by

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      ·  5 years ago 

    Yeah, the oil industry gets away with a lot....

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      1 vote
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        ·  5 years ago 

      They do!

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          ·  5 years ago 

        Pockets of strength in crypto, that's for sure

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          1 vote
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            ·  5 years ago 

          I think the big ones will move next

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              ·  5 years ago 

            Great week for the metals, I'm happy with that

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                ·  5 years ago 

              I'm thinking there will be a struggle to get over 1900 gold

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                  ·  5 years ago 

                I'm hoping for a pop in the cannabis stocks next week with Apha reporting numbers

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                    ·  5 years ago 

                  And I'll be selling into that rally

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                      ·  5 years ago 

                    This post has received a 16.39 % upvote from @boomerang.

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                        ·  5 years ago 

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                          ·  5 years ago 

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