Decades ago Alberta Govt. & regulators made a deal with the oil industry as a whole to protect citizens from end of life oil & gas well costs. Now it’s getting expensive. Industry wants out.
Those calling for security or bonding would also break this deal.
Stick to the bargain. Charge Industry!
Those calling for security or bonding would also break this deal.
Stick to the bargain. Charge Industry!
Reposted from
Mark Dorin
I made a video about it. Link below.
The orphan system, designed to avoid tying up oil company funds used for security, is not being administered properly. We are at risk accordingly.
2/2
youtu.be/wGS772Th3MY?...
The orphan system, designed to avoid tying up oil company funds used for security, is not being administered properly. We are at risk accordingly.
2/2
youtu.be/wGS772Th3MY?...
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