Oil is a finite resource, and someday, drillers across South Texas may find themselves out of business.
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From the article:
What sustainability initiatives are being implemented to ensure the long-term viability
of oil and gas extraction in the Eagle Ford Shale?Virginia Palacios: I’m a mineral owner too, and times when we’ve asked companies for better lease provisions that would reduce emissions or be more protective of groundwater, the companies usually refuse. They don’t want to do more than what state law requires, and that’s why I think it’s so important to have the public be a part of these regulatory processes and these permitting processes and to set a level playing field.
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