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To: SgtHooper
But what there needs to be is some sort of fund or longterm liability from the drillers/oil companies

I believe that does exist by state. And many states charge a supplemental fee to provide funding to properly close up old wells from before the time of regulation. This is particularly an issue in Pennsylvania.

7 posted on 02/16/2012 3:33:06 PM PST by thackney (life is fragile, handle with prayer)
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To: thackney

I know there is in Texas, but as with most, the payout is so nominal, time-consuming, and costly to otain. If and when the landowner loses the quality of their groundwater, the payout should be significant. Yes, there are a ton of issues related to this, but at the end of the day, the companies need to be held responsible in a significant way.


8 posted on 02/17/2012 10:28:46 AM PST by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
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