States sue BOEM over “egregious” $7 billion decommissioning rule targeting small oil and gas companies

by | Sep 22, 2024 | Decommissioning

Texas, Louisiana, and Mississippi have sued the U.S. government to block a proposed rule by the Biden administration that would require offshore oil and gas companies to provide nearly $7 billion in financial assurances for decommissioning old infrastructure.

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Written by: Jane Doe, Senior Energy Analyst

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