AB 2716 – Assembly Floor Vote #2
Low-Producing Oil Well Accountability Act
Approximately 2.7 million Californians live within 3,200 feet of an oil well- they suffer higher rates of respiratory illness, prenatal defects, and cancer. Oil wells that produce fewer than 15 barrels of oil per day are known as “stripper wells,” because they are considered at the end of their economically useful life. However, oil drillers would rather keep these stripper wells running with low output than pay the cost of plugging them. AB 2716 holds the oil and gas industry accountable by charging $10,000 per month to each stripper well that continues operating in the Inglewood oil field- one of the largest oil fields in the state. By incentivizing them to shut down their stripper wells, AB 2716 holds the Inglewood oil field accountable.
Bill info from the legislature
Issues: Corporate Accountability
Supported
Signed into Law
Top Priority Bill
Status:
Signed into Law
Yes 49
No 13
Abstain 17
Yes 29
No 9
Abstain 2
Signed