The Economic Case for Restoring Abandoned Oil Wells
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An idled pump jack, once used to extract crude oil from the ground, sits rusting above a well in a farmers field near Ridgway, Illinois. (Photo: Scott Olson/, Getty Images)
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A study published Monday in Nature Sustainability calculates that abandoned oil and gas wells cover more than 2 million acres of the U.S. And if that land is restored, it could deliver billions of dollars in benefit for a fraction of the cost of restoration.