The Latest Breaking News from Rob Schuwerk

There’s a Reason Oil Well Sales Are Collapsing In California: Cleanup Costs

Faced with putting up hefty bonds to clean up their mess, operators are instead taking a pass on selling off dying wells.

Capital & Main · Nov 20, 2024

Colorado oil and gas wells can’t fund their own cleanup. Taxpayers may foot the bill

A Carbon Tracker report shows the cost to safely shut down low-producing wells is $3bn more than what they earn

The Guardian - US · Jun 28, 2024

Texas Has ‘the Most Aggressive’ Well-Plugging Program in the U.S. So Why Is Its To-Do List So Long?

No state has punched more holes in its bedrock than the Lone Star State. The environmental risks are staggering, and so are the clean up costs

Capital & Main · May 30, 2024