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The American Oil Industry’s Playbook, Illustrated: How Drillers Offload Costly Cleanup Onto the Public (www.propublica.org)

submitted 1 week ago* (last edited 1 week ago) by [email protected] to c/[email protected]

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Oil executive Tom Ragsdale walked away from his old wells, making the pollution left behind the state of New Mexico’s problem. His tactics, however, are ubiquitous in the industry.

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[–] [email protected] 2 points 1 week ago

Privatize profits, socialize losses. Again.