Originally posted by AlbertaFarmer5
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Increasing pipeline capacity will help, but it wont solve the problems of world supply and demand and a downturn in commodity markets. Oil has boomed and busted several times in my lifetime. The oil industry has always fought against regulations that would cut into profits even during the good times. they have at times run roughshod over landowners. They are getting better but not all of them are good corporate citizens.
The map of spills doesn't tell the whole story but it does show that leaks are common and not well reported in the media or widely known.
Lets compare the US with Canada on one issue:
From https://www.cbc.ca/news/canada/saskatchewan/opinion-sask-abandoned-oil-wells-1.5104173 https://www.cbc.ca/news/canada/saskatchewan/opinion-sask-abandoned-oil-wells-1.5104173
"At the bottom of it all is the weak regulatory approach taken by western provinces that place no restrictions at all on how long companies are allowed to let oil and gas wells remain inactive.
While American states such as Texas and North Dakota have stringent rules that require operators to either restart inactive wells within 12 months or cap and reclaim the sites, Saskatchewan, Alberta and British Columbia have only progressed so far as talking about developing such requirements."
Inactive wells are frequently left untouched for years in Saskatchewan rather than cap and reclaim because it is cheaper to pay the lease than it is to spend the money to reclaim.
What happens if the company goes bankrupt or sells the lease to a fly by night company that disappears?
We are behind Texas and ND on this issue.
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