N.Y. Environmental Conservation Law § 23-2401: Legislative intent

§ 23-2401. Legislative intent.

The legislature finds and declares that the conservation of the

state's oil reserves will be of broad benefit to the state. Through

utilization of modern well closure technologies, oil will be conserved

for the state's future. The legislature further finds that such closure

will provide an increased supply of high grade crude oil used for the

development of advanced lubricants which are crucial in the promotion of

the use of high efficiency engines. In recognition of the potential

energy conservation benefits to be accrued from the closure of such

wells, the legislature declares that a program directed toward the

implementation of modern well closure technologies on abandoned oil

wells will provide energy, economic and environmental benefits to the

state.