Comments on: Chevron’s $2.3 Billion Asset Adjustment Raises Questions Amidst Regulatory Changes in California https://www.fractracker.org/2024/03/chevrons-2-3-billion-asset-adjustment-raises-questions-amidst-regulatory-changes-in-california/ Insights empowering action Mon, 09 Jun 2025 21:47:00 +0000 hourly 1 https://wordpress.org/?v=6.8.2 By: Dooley https://www.fractracker.org/2024/03/chevrons-2-3-billion-asset-adjustment-raises-questions-amidst-regulatory-changes-in-california/#comment-305962 Mon, 09 Jun 2025 21:47:00 +0000 https://www.fractracker.org/?p=72068#comment-305962 For a mere $53 billion Chevron is developing Hess’ Guiana Deep Water Concession in the Caribbean. Who will pay for the Hess ARO?

We at the Salt Contaminated Land and Water Council assert that Hess stockholders should deposit in the state Bank of North Dakota the presently estimated cost asset retirement of all Hess facilities.

Let interest accrue on that sum to defray the increasing ARO over time,

Salt Contaminated Land and Water Council
Donald Nelson, Founder and President
Keene, ND cell 701 -580-2182
donelson@restel.com

Fintan Dooley, Coordinator
Bismarck, ND 414-731-0520
findooley@gmail,com

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