Senate Bill 1137 establishes a 3,200-foot minimum distance between new oil wells and homes, schools, hospitals, parks and other places where people live, work and gather.
Do oil companies even want to develop those sites? I was under the impression they don’t really want to build out a lot of new infrastructure for a market moving toward shrinkage…? Is this high quality crude or something?
Do oil companies even want to develop those sites? I was under the impression they don’t really want to build out a lot of new infrastructure for a market moving toward shrinkage…? Is this high quality crude or something?
The key thing is that this law substantially limits new wells inside Los Angeles, where oil fields are interspersed with neighborhoods.