Oil-gas group: Tougher drilling rules could cost billions

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Oil-gas group: Tougher drilling rules could cost billions

An oil storage tank and a drilling rig sit beside a ranch near the town of Mead in Weld County. The Colorado Alliance of Mineral and Royalty Owners said Tuesday that Colorado has billions of dollars worth of petroleum still in the ground and warns that taxpayers could face huge compensation claims if voters ban drilling this fall.

Oil-gas group: Tougher drilling rules could cost billions

An oil storage tank and a drilling rig sit beside a ranch near the town of Mead in Weld County. The Colorado Alliance of Mineral and Royalty Owners said Tuesday that Colorado has billions of dollars worth of petroleum still in the ground and warns that taxpayers could face huge compensation claims if voters ban drilling this fall.
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