Democrats Propose $8 Billion Bill To Clean Up Abandoned Wells

Democrats Propose $8 Billion Bill To Clean Up Abandoned Wells

OilPrice.com

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U.S. Representative Teresa Leger Fernandez has introduced a bill proposing $8 billion to be spent on plugging and cleaning up abandoned oil and gas wells in a bid to create new jobs in the energy industry and reduce fugitive methane emissions that abandoned wells continue to generate until they are plugged. Reuters quoted the sponsor of the bill as saying that it “does the two things that the American Jobs Plan is looking at, which is both create jobs and address some of the pressing national problems we have.” Of the total amount proposed…

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