Oil Companies Must Set Aside More Money to Plug Wells, a New Rule Says. But It Won’t Be Enough.

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Oil Companies Must Set Aside More Money to Plug Wells, a New Rule Says. But It Won’t Be Enough.

by Mark Olalde, ProPublica, and Nick Bowlin, Capital & Main ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week. For the first time in more than 60 years, the Bureau of Land Management will force oil and gas companies to set aside more money to guarantee they plug old wells, preventing them from l…