Texas currently has more than 6,000 orphan wells on government rolls, and the Texas Railroad Commission estimates they will cost more than $300 million to clean up.
Quite a statement (perhaps we should call it a diatribe) by Wayne Christian, of the Railroad Commission of Texas, which despite its name regulates the oil and gas industry in the state | #OOTT #ClimateChange Full statement here:
Texas Railroad Commission barred from waiving environmental rules
It's been 26 years since a Democrat was elected to the Railroad Commission of Texas, which regulates the state oil and gas industry, whose practices are lethally dirty, even by the industry's own homicidal standards. 2/
The Railroad Commission is a century-old, extremely powerful bulwark against pollution, and it can only grant licenses to flare if all three commissioners agree. A single commissioner COULD END ALL TEXAS FLARING. 8/
FULL LETTER: U.S. shale producers Pionner Natural Resources and Parsley Energy formally ask Texas oil regulator (Railroad Commission) for an emergency meeting to consider output cuts | #OOTT #OilPriceWar #covid19 Full story on @TheTerminal
STATEMENT: Chairman of the Texas Railroad Commission says he has some "reservations" about production cuts (one of them, the RRC hasn't done prorationing in more than 40 years, and has not the staff nor the IT capabilities to handle the process) #OilPriceWar #OOTT #Coronavirus