The New Mexico Oil Conservation Division Pit Rule has become the whipping post for the oil and gas industry advocates. In addition, Sarah Palin has blamed environmentalists for the BP Oil Spill. Now juxtapose these stances to Gov. Richardson's press release below:
"For Immediate Release
Contact: Jodi McGinnis Porter
May 19, 2010 505.476.3226
Governor Bill Richardson Announces Oil and Gas Drilling Activity in
Environmental regulations are not driving business away
Activity in southeastern
"We can produce oil and gas in
The price of a barrel of oil was in the mid $30 range in 2009. Current prices in the $60-$70 range are driving healthy activity in
The price of oil and gas fluctuates, but companies can find and produce oil and gas more safely, efficiently and with increased environmental protections using new technologies, such as directional drilling, reusing existing well pads for new wells and using closed loop systems to manage their waste.
Earlier this week, U.S. Interior Secretary Ken Salazar followed New Mexico's lead and announced that the Department of Interior's Bureau of Land Management is reforming its oil and gas program to improve environmental protection of important natural resources on U.S. public lands while aiding in the orderly leasing and balanced development of the nation's energy supply.
Media Coordinator for Governor Richardson
Office of the Governor
office 505.476.2299| cell 505.795.2480"