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BB Healthcare Trust PLC outperforms the Healthcare sector
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BB Healthcare Trust outperforms interim benchmark, lifts dividend
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Oil bankruptcies leave environment cleanup to California taxpayers
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Oil bankruptcies leave environmental cleanup bills to California taxpayers
Randeep Singh Grewal built a fossil fuel empire around his Greka group of companies. Now, taxpayers are paying millions to clean up Rincon Island.
Mark Olalde, Palm Springs Desert Sun
Published
7:07 pm UTC Jun. 25, 2021
Oil shaped modern Southern California. With dreams of black gold and not content to merely drill on land, a company called Atlantic Richfield built a 2.3-acre artificial island in the late 1950s just off the coast of Ventura County. Today, surfers skim past Rincon Island’s crown of palm trees and 50 oil wells near Mussel Shoals but the site will never pump oil again.
Oil bankruptcies leave environment cleanup to California taxpayers
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