Community Corner
Western Slope Lawmaker Warns A Moratorium On Federal Leases Will Devastate Garfield County: ‘Industry Will Collapse’
Garfield County has the second largest natural gas reserve in the country, but drilling has begun to dry up over the last couple of years.
January 28, 2021
GARFIELD COUNTY, Colo. (CBS4) – A new executive action by President Joe Biden could impact hundreds of oil and gas operators on Colorado’s Western Slope. The president issued a moratorium on new federal leases, and maybe nowhere will the impact be felt more than in Garfield County. It has the second largest natural gas reserve in the country, but drilling has begun to dry up over the last couple of years as gas prices have plummeted.
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State Sen. Bob Rankin represents Garfield County and is worried that between the new federal moratorium and new state rules, what’s left of the industry is doomed.
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