Barrasso’s exchange with Director Stone-Manning on the BLM’s bonding rule
Senate Committee on Energy and Natural Resources · June 13, 2024
At a Senate Committee on Energy and Natural Resources hearing, a senator challenged a bureau official over a new rule raising bonding requirements for oil and gas producers on federal lands, citing bureau data that showed 37 abandoned wells; the bureau official defended the change, citing GAO and Inspector General reports about outdated bonding rates and thousands of idled wells.
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