The American Oil Industry’s Playbook, Illustrated: How Drillers Offload Costly Cleanup Onto the Public (www.propublica.org)

submitted 1 week ago* (last edited 1 week ago) by BrikoX@lemmy.zip to c/usa@midwest.social

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Oil executive Tom Ragsdale walked away from his old wells, making the pollution left behind the state of New Mexico’s problem. His tactics, however, are ubiquitous in the industry.

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[-] homesweethomeMrL@lemmy.world 3 points 1 week ago

Reminder for everyone to give propublica money.

[-] mercphilby@discuss.online 0 points 1 week ago

An oil article bringing up 90s politics without any mention of Reagan or Bush? Some journalism. The LLC was (nationally) championed by Reagan, and Bush was notoriously soft on oil and regulations.

The Oil Pollution Act of 1990 was basically instructions on how to avoid penalty.

[-] aramis87@fedia.io 2 points 1 week ago

Privatize profits, socialize losses. Again.

this post was submitted on 30 Dec 2024

43 points (97.8% liked)

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