DENVER (AP) _ A legislative committee will consider a bill that would delay new oil and gas regulations.
The rules approved by the Colorado Oil and Gas conservation Committee implements two laws requiring more weight be given to the
environment, wildlife and public health and safety when considering
oil and gas development.
Opponents say the new rules would burden an industry already
struggling with the faltering economy. They say the rules would cost the state jobs and tax revenue.
Supporters of the rules say they're needed to deal with the impacts of record energy development. They argue that plummeting natural gas and oil prices and a tight credit market are to blame for a slowdown in the industry.
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