Los Angeles oil field owner sues California over law that would require it to stop production and plug its wells
Briefly

The new law signed by Governor Gavin Newsom aims to stop oil production in idle wells, promoting environmental protection while invoking legal challenges from industry owners.
Sentinel Peak's lawsuit claims the law coercively forces businesses to cease operations, labeling the fines as excessive and lacking a clear correlation to actual harm.
Assemblyman Isaac Bryan emphasized the community's long-standing fight against pollution from the oil field, pledging to protect the law that safeguards the health of residents.
With about 820 unplugged wells in the Inglewood area, approximately 80% of the active wells are categorized as low-producing, raising environmental concerns.
Read at Fortune
[
|
]