Oil Wells

A new rule could speed up unused oil well decommissioning. Gulf States are suing to stop it

The rule, finalized last year, would also protect taxpayers from shouldering the cost. The states suing, however,, say it will crush independent oil companies.

Why Gulf South oil producers can’t protect the region from rising gas prices

Experts say activating unused oil wells could temper the rising costs of gas, but consumers should not expect prices to get anywhere near their COVID low.