Colorado Forms Oil Drilling Task Force

Thursday, 01 Mar 2012 08:49 AM

By Greg McDonald

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
New oil and gas discoveries in Colorado, which have led to some of the most intense drilling activity in the West, have prompted Gov. John Hickenlooper to create a task force to determine how best to regulate the industry, according to the Denver Post.
 
Hickenlooper, a Democrat, wants to avoid what the Post described Thursday as “a rash of local initiatives to control oil and gas drilling,” by clarifying state and local government roles.

“This is an important step to better define state and local jurisdiction regulatory structures as Colorado’s oil and gas industry continues to grow,” Hickenlooper said.

The Post noted the discovery of oil in the Niobrara formation, which stretches from El Paso County in east central Colorado to the Wyoming border, has led to a rush by various companies to buy up mineral leases and increase drilling.

The drilling was already so intense in the Front Range area of the state, that last year one county alone accounted for most of the activity in the western United States, the newspaper said.

As a result, at least 10 different municipalities and counties have developed their own drilling rules, which some companies have complained could stall projects.

“This makes attracting investment a real challenge,” Tisha Schuller, president of the Colorado Oil and Gas Association, told the Post.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Pew Poll: Nearly Half of Americans Want More Religion in Politics

Monday, 22 Sep 2014 19:55 PM

Almost half of Americans think religion and politics should mix, according to a new survey.
 . . .

GAO: Feds' Consumer Watchdog Not Protecting Credit Data

Monday, 22 Sep 2014 19:45 PM

The agency created by President Barack Obama to protect consumers from financial fraud has amassed sensitive credit-card . . .

Van Susteren: NFL Wrong to Punish All Over Deeds of 'Thugs'

Monday, 22 Sep 2014 19:31 PM

Fox News Channel host Greta Van Susteren says it's unfair to punish every employee of the National Football League by se . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved