State House Gives Final Approval to New Oil and Gas Rules

By: Tim Ciesco Email
By: Tim Ciesco Email

The Colorado House of Representatives has given final approval to a set of controversial new oil and gas regulations.

Friday, State Representatives passed House Bill 1292 in a 50-13 vote.

Opponents of the rules call them excessive and say they will hurt an industry that's already down and force energy developers out of Colorado.

Supporters say this has been a two year process, and updated rules and protections need to be put into place to keep communities and the environment safe.

"Many of us believe they've gone much farther, more restrictive, more onerous than any of us ever contemplated," said Senator Josh Penry, (R) Grand Junction.

"Jobs are not being lost because of these rules," said Representative Joe Rice, (D) Littleton. "There are thousands of wells that could be drilled right now if they wanted to. The marketplace and the price is what is affecting this."

Republicans were split on the issue, voting 14-12 in favor of the rules. House Minority Leader Mike May says while his colleagues may not agree with the rules, it's an issue that affects more than the oil and gas industry.

The rules now head to the State Senate for approval.

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