06.16.2020
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06.16.2020
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General News
John Penn was quoted in the Reuters article, "Special Report: Millions of Abandoned Oil Wells Are Leaking Methane, a Climate Menace," on the low price of oil and how it could cause drilling companies to file bankruptcy this year and next.
“When prices are this low, it becomes a very serious problem. It becomes a fight over who is going to ultimately have to pay” for cleaning up abandoned wells, said John. “It makes it really bad, and it’s going to get worse.”
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