Post by Logan on Apr 1, 2016 0:36:21 GMT -6
Oil prices down, but Colorado debate on fracking is ramping up again
With oil and gas prices down and the number of drilling rigs in Colorado at less than a quarter of what it was just two years ago, the debate over local control regulations has been on a plateau — but it's set to rise again.
Monday, the state House of Representatives will debate a bill to allow local governments to zone oil and gas industry operations the same way they do other industries.
The Democratic-led House already has passed a bill to hold oil-and-gas drillers liable for damages caused by earthquakes spurred by hydraulic fracturing.
Neither bill is likely to pass the Senate, where Republicans hold the majority and, as a group, take a dim view of more regulation for an industry that claims to pump $32 billion annually into the state's economy.
Read more: www.denverpost.com/news/ci_29709894/oil-prices-down-but-colorado-debate-fracking-is
With oil and gas prices down and the number of drilling rigs in Colorado at less than a quarter of what it was just two years ago, the debate over local control regulations has been on a plateau — but it's set to rise again.
Monday, the state House of Representatives will debate a bill to allow local governments to zone oil and gas industry operations the same way they do other industries.
The Democratic-led House already has passed a bill to hold oil-and-gas drillers liable for damages caused by earthquakes spurred by hydraulic fracturing.
Neither bill is likely to pass the Senate, where Republicans hold the majority and, as a group, take a dim view of more regulation for an industry that claims to pump $32 billion annually into the state's economy.
Read more: www.denverpost.com/news/ci_29709894/oil-prices-down-but-colorado-debate-fracking-is