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Pay and Plug: Federal Funds Spur Cleanup of Lost Oil Wells

Por: The New York Times Science February 23, 2023

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A century after oil barons scoured Texas for prime plots from which to extract black gold, another boom is underway: the plugging of thousands of abandoned oil wells. It’s an oil rush in reverse, spurred by the promise of federal money.In 2021, President Biden signed the Bipartisan Infrastructure Law, which released $4.7 billion to states and federal agencies for plugging fallow oil and gas projects known as “orphan wells” if they lacked... + full article



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