Sep
23

Reclamation Funds Add Protection For Taxpayers

Reclamation funds are moneys set aside specifically to reclaim oil and gas drilling operations. Reclamation funds often pay to plug wells, restore the surface and land surrounding wells, fix roads and other infrastructure damaged in the operating process, and to repair other damages. States may use several mechanisms to create or collect funds for reclamation. States such as California, Oregon, and South Dakota collect fees on operators and various other…

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