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Mar 8, 2012 6:11 AM by Kate Richards

Gov. Hickenlooper prefers state regulation of drilling over federal

HOUSTON (AP) - Colorado Gov. John Hickenlooper says that like most governors, he prefers state regulation of oil and gas drilling to federal regulation.

At an energy industry conference Wednesday in Houston, Hickenlooper said states can create regulations that are less onerous but more effective than blanket regulations that come out of Washington.

In Hickenlooper's home state, there has been tension over how much local communities can regulate drilling within their borders, on top of statewide regulations. Hickenlooper says it would be "very tough" on industry if each county had a different set of regulations.

As for other forms of energy, Hickenlooper said he'd like to see tax credits for wind energy extended, though he advocates a five-year phase-out period for the subsidies.

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