The Looming Disaster Under America’s Biggest Oil Field

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When toxic wastewater started leaking from dormant oil wells in West Texas, nearby residents were alarmed. A Bloomberg News investigation found that the reasons behind the leaks may jeopardize fossil fuel development across the Permian basin. Read The Big Take: Texas Oil Boom Spawns a Toxic Crisis of the Industry’s Own Making https://www.bloomberg.com/graphics/2025-permian-basin-geyser?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article 00:00 Oil leaks from dormant wells 00:54 The Permian Basin has a water problem 02:09 Earthquakes caused by oil and gas operations 03:25 A new approach leads to leaks and geysers 05:57 What did the Railroad Commission know? 07:54 What can be done about the water #Documentary #News #Oil -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.