Environment

Nov 15, 2012 5:19 PM by AP posted by Juice Godfrey

Coalition hopes incentives will stop drillers

GLENWOOD SPRINGS, Colo. (AP) - Colorado ranchers and sportsmen are offering to buy back oil and gas leases to protect 220,000 acres of high-country public land from oil and gas drillers.

The Thompson Divide Coalition says it can raise as much as $50 million to buy leases in an effort to protect the region's tourism and agricultural economies.

According to the Denver Post, Encana and SG Interests have declined the offer.

The Thompson Divide includes federal land from Carbondale to McClure Pass crossing Pitkin, Gunnison, Garfield, Mesa and Delta counties.

Lawmakers are working on legislation to prevent future mineral leasing in the area and offer companies reimbursement if they trade in existing leases.

»Comments

More News

National
Story Photo

4 hours ago

3 Alarm Fire in Boston

Eleven people hurt tonight when an explosion, knocked a house off it's foundation in Boston, in the Dorchester area. It may have...

Weather - Forecast
Story Photo

15 hours ago

Rain & Snow On The Way

A Winter Weather Advisory is in effect from 6 PM tonight until 4 AM Thursday for Teller County, the Rampart Range (including...

Most Popular

Top Videos

1 2 3 4