In a recent Wall Street Week video report on oil industry methane emissions there was a great insight into what the oil industry plans to do when it comes to environmental liabilities and the world in general. After hearing how there was potential to plug old oil and gas wells| Powering the Planet
By 1910, California was producing roughly a fifth of the world’s crude oil. Today it is producing roughly a fifth of the oil consumed by the state. Source In addition to experiencing serious oil production decline, California is also a “fuel island” due to the geographical and regulatory constraints| Powering the Planet