Colorado Towns Await Vote On Drilling Tax Proposal

DENVER (AP) — A turf war between Colorado’s local governments and oil and gas companies is heating up.

A Republican House committee is expected to vote Wednesday on a measure that would take severance taxes from local governments that enact drilling moratoriums. The bill was proposed after local governments and the oil and gas regulators supposedly settled their differences and agreed not to push for legislation this year.

The dispute is over who has the ability to regulate drilling, the state or local governments where the wells are drilled. Oil and gas companies say state supremacy over drilling is under attack from local officials who don’t know what they’re doing. The locals insist they should be allowed to issue moratoriums to find out more about drilling’s effects on local water and other resources.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Denver

Enter To Win!
Weather App

Listen Live

AM/FM Stations

Featured Shows & Multimedia