- Associated Press - Friday, February 12, 2016

ALBUQUERQUE, N.M. (AP) - A group of local and state elected leaders is supporting a federal proposal that would clamp down on oil and gas companies that burn off natural gas on public land.

The 40 elected officials sent a letter Friday to the head of the Bureau of Land Management.

They say New Mexico is among the states with an economy tied closely to the taxes, royalties and other fees earned from oil and gas development and the proposed rules would allow local governments to recoup what would otherwise be lost revenue.

They also say the rules would help reduce methane emissions and pointed to a methane hot spot identified over the Four Corners region.

Those who signed the letter include 19 Democratic state lawmakers, county commissioners and mayors from around New Mexico.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide