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L.A. County sues oil companies over unplugged oil wells in Inglewood [Los Angeles Times (CA)]

Chevron Corporation (CVX)  More Company Research Source: Los Angeles Times
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Unplugged wells can leak benzene, methane and other pollutants that can harm human health and the environment. The lawsuit seeks daily penalties of up to $2,500 per well to avoid taxpayers footing cleanup costs. Los Angeles County is suing four oil and gas companies for allegedly failing to plug idle oil wells in the large Inglewood Oil Field near Baldwin Hills. The lawsuit filed Wednesday in Los Angeles Superior Court charges Sentinel Peak Resources California, Freeport-McMoran Oil & Gas, Plains Resources and Chevron U.S.A. with failing to properly clean up at least 227 idle and exhausted wells in the oil field. The wells “continue to leak toxic pollutants into the air, land, and water and present unacceptable dangers to human health, safety, and the environment,” the complaint says. The lawsuit aims to force the operators to address dangers posed by the unplugged wells. More than a million people live within five miles of the Inglewood oil field. “We are making it clear t [Read more]

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Stockreport

L.A. County sues oil companies over unplugged oil wells in Inglewood [Los Angeles Times (CA)]

Chevron Corporation  (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Unplugged wells can leak benzene, methane and other pollutants that can harm human health and the environment. The lawsuit seeks daily penalties of up to $2,500 per well to avoid taxpayers footing cleanup costs. Los Angeles County is suing four oil and gas companies for allegedly failing to plug idle oil wells in the large Inglewood Oil Field near Baldwin Hills. The lawsuit filed Wednesday in Los Angeles Superior Court charges Sentinel Peak Resources California, Freeport-McMoran Oil & Gas, Plains Resources and Chevron U.S.A. with failing to properly clean up at least 227 idle and exhausted wells in the oil field. The wells “continue to leak toxic pollutants into the air, land, and water and present unacceptable dangers to human health, safety, and the environment,” the complaint says. The lawsuit aims to force the operators to address dangers posed by the unplugged wells. More than a million people live within five miles of the Inglewood oil field. “We are making it clear t [Read more]

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