As Big Oil’s mess in our oceans grows, their bonding requirements should too 

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Big Oil uses our ocean waters and coastlines as their own personal junkyard. For decades, oil and gas companies have been leaving behind their old, out-of-use equipment and infrastructure, forcing unnecessary risk and cleanup costs on American taxpayers. There’s no question it’s a problem, but until now, we didn’t know just how bad the problem was.   

At our request, the Government Accountability Office (GAO), a nonpartisan government watchdog, recently took a closer look at the issue, and the findings are disturbing. Their new report found that oil and…



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