TITLE

The anatomy of an energy lease

AUTHOR(S)
Peterson, Jodi
PUB. DATE
September 2006
SOURCE
High Country News;9/4/2006, Vol. 38 Issue 16, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the leasing of the federal Bureau of Land Management (BLM) of a big chunk of watersheds situated in Colorado to an oil and gas company. The watersheds, accordingly, provide drinking water for the roughly 45, 000 residents of Grand Junction and Palisade. As a result of the lease, both the towns and their local environmental groups file protests in their aim to protect their supply of drinking water. Although the BLM denies the protests, contending that leasing is the only way to join with the economic high of the natural gas and oil boom, it alleges that the additional stipulations it imposed on its leasing agreement with the Genesis Oil and Gas of Kansas City will sufficiently protect the watershed itself. INSET: When can the BLM say 'no'?.
ACCESSION #
22559667

 

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