Congressional panel splits on regulation of ‘orphaned’ oil and gas wells

The Energy and Mineral Resources Subcommittee hearing was held to consider a bill introduced by Rep. Teresa Leger Fernandez, D-N.M., that would authorize $8 billion over 10 years to reclaim oil and gas wells that were abandoned by defunct companies and not properly cleaned up. The measure represents a first step in a priority laid out in President Joe Biden’s infrastructure and jobs plan late last month.