These states just sided with Big Oil and sued the U.S. government to block cleanup enforcement of old wells
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Decommissioning old wells can cost billions of dollars and that expense could fall to taxpayers if oil companies fail to meet their obligations.
Texas, Louisiana, and Mississippi on Monday sued the U.S. government to block the Biden administration’s proposed rule that would require the offshore oil and gas industry to provide nearly $7 billion in financial assurances to cover costs of dismantling old infrastructure.