There are thousands of dirty old drill sites in Colorado. The state gave oil firms a $1bn pass

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The Colorado Energy and Carbon Management Commission (ECMC) could have required Chevron, Oxy (Occidental Petroleum), and Civitas Resources to post as much as $1.3bn in financial collateral for cleanup, but instead allowed them to provide only a sliver of that amount. The three companies collectively own more than 14,600 dead oil and gas sites and hold over 6,000 open spills, with documentation showing many sites have languished for years or decades. At the current pace of remediation, clearing the existing backlog will take the companies decades.