The Department of Interior has announced oil and gas leases for 2010, and the number of auctions being offered to energy companies is up. Some say it’s in response to criticism from oil and gas companies lobbed at the Obama administration over the last few months. Industry says the government isn’t issuing enough leases, which is hurting profits. But environmental groups and other organizations tell a different story. They say an abundance in supply and low prices brought on by the recession are the reasons for the dip in earnings. From Rocky Mountain Community Radio station KDNK in Carbondale, Conrad Wilson reports.

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2 Responses to Department of Interior to Offer More Oil & Gas Leases

  1. Lynn S. McDonald says:

    It looks like the Obama administration has sold out (or maybe just Salazar at the DOI) to the Oil Companies, just like Bush did before him. I voted for change and it looks like the same old abuse of our environment and resources. A great many if not the vast majority of Coloradoans are sick of our land being destroyed for the greed of the few. When Pueblo and Northern Colorado are supporting the production of wind and solar energy production, what a slap in the face from the DOI for Colorado.

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