Economics

Notes from the US: Economics, Violence and Environment

Louis Further rounds up the news from the USA you may have missed. 

 

Environment

A review published in mid-June by the Associated Press found that the Obama administration does not inspect four out of every ten new high-risk oil and gas wells. It seems that The Bureau of Land Management (BLM) has been so overwhelmed by the current increase in fracking that it has not been able to keep up with the numbers of ‘regular’ oil wells still needing oversight; these include those near national forests and fragile watersheds. Even a former BLM field officer called the situation “a disaster waiting to happen”.

In mid July over a million gallons of saltwater from oil drilling operations in North Dakota leaked from a pipeline on a Native American reservation; the area covered is almost two miles. The leak by Crestwood Midstream Services has killed vegetation and may have reached a bay connected to a drinking water source for the Fort Berthold reservation. Continue reading

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