BLM proposes oil and gas bond increases
BUFFALO — For decades, oil and gas boom and bust has been a predictable cycle in Johnson County and across Wyoming, with high prices encouraging a rush of drilling before
Stay updated with breaking news from Ryan Mcconaughey. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
BUFFALO — For decades, oil and gas boom and bust has been a predictable cycle in Johnson County and across Wyoming, with high prices encouraging a rush of drilling before
A new rule proposed July 20 aims to prevent well abandonment by significantly increasing the bond that companies have to post before they are permitted to drill on federal lands.
Quickly became clear that this was really complicated. >> back to the senate. >> oh lord. >> then you head up here. the white house to get signed. >> you could see why this would be a little hard to follow or confusing for anyone who doesn't work in congress for a living. i mean it's three, 58 steps. here the provision we're talking about. the basically said you can get student loans through bankruptcy. when do we notice? >> the first time it pops up his back here in this little detour to the rules committee. >> what does that suggest? >> that suggests it was part of a managers amendment, whic...
Decision i think is subject to the politics and the power in the time that decision was made. i know what you're that's what you're looking at. i think it's a very fair question to reopen. >> but in order to reopen it, we needed to understand how this little notice of massive change happened in the first place. i needed my own deep throat, or, you know, something that sounds less gross. >> so this is what you learn in school. the house and senate have to pass the same version of the bill for to become law. so when you go back to the beginning and look at this -- >> so i called in a favor. >> i...
One can see hundreds of homes all on a couple acres of prairie, and mixed in with these houses is oil and gas development. Driving through one passes a home and then a couple pump jacks, and then past another home one sees a drilling rig. Oil and gas activity significantly picked up in Laramie County about 10 years ago, and in the years since, it has moved into residential areas. The Cheyenne Area Landowners Coalition advocates for residents that are concerned about this development.