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Gov Burgum wants to get North Dakota carbon neutral by 2030 It s a tall task
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Gov Burgum wants to get North Dakota carbon neutral by 2030 It s a tall task
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REGROW Act could help oil industry Hayley Boland © Provided by Minot-Bsmrck-Dcknsn(Wlstn) KFYR-TV Oil Well
BISMARCK, N.D. (KFYR) - There’s a bipartisan bill in Congress that could offer some hope for the country’s oil industry.
The Revive Economic Growth and Reclaim Orphaned Wells Act, also known as the REGROW Act, aims to provide funding to plug and remediate the nation’s orphaned wells.
The bill would provide $4.75 billion for orphaned well cleanup on state and private lands, $400 million for cleanup on public and tribal lands and $32 million for related research, development, and implementation.
North Dakota oil leaders say the bill is similar to a state-level funding program utilized in 2020.
North Dakota s first disposal site for radioactive oil field waste starts operating, more could be on the way
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WHAT TO WATCH THIS WEEK
Republican Counterproposal. Senate Republicans are crafting a counter-proposal as an alternative to President Joe Biden’s American Jobs Plan (AJP). The package is expected to cost around $600 to $800 billion and consist only of “traditional” infrastructure projects like highways, roads and bridges. When exactly the proposal will be introduced is unclear, but its contents will continue to develop this week.
LATEST DEVELOPMENTS
White House Infrastructure Meeting. President Biden continued his push to gain support from lawmakers for his infrastructure proposal. Yesterday, he held the second in a series of meetings on the plan, this time with lawmakers that previously served as state or local government officials.