** Colorado's oil and gas tracking is costing state millions
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Wednesday, January 29, 2020
Drilling in Colorado, Colorado State Land Board ([link removed])
In Colorado, a new audit has found deficiencies in regulation of the oil and gas industry by the state. Oil and gas companies failed to submit thousands of monthly reports ([link removed]) , documents which among other uses help to determine how much the companies pay in taxes to the state. The audit found that regulators have not been effectively tracking the missing reports or penalizing the companies. Penalties for delinquent reports could have totaled up to $308 million ([link removed]) . Rep. Dafna Michaelsen Jenet stated ([link removed]) , "It was distressing to see that there was a culture of acceptance of not filing forms. And the top producers are the biggest violators and we're talking about thousands upon thousands of
forms not filed."
Although the Colorado Oil and Gas Conservation Commission (COGCC) contests the number of total fines, it is working on fixing the deficiencies highlighted in the report. The audit will be revisited this summer to assess the COGCC's progress in regulating Colorado's oil and gas industry.
Quick hits
** Interior is speeding harm to lands before election day
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Outside Magazine ([link removed])
** Evolution of outdoor trade show mirrors industry's transformation into economic, political force
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Colorado Sun ([link removed]) | E&E News ([link removed])
** Colorado audit finds sloppy oil and gas tracking, lost tax revenues
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Colorado Public Radio ([link removed])
** Clean Water Act rollbacks leave 93% of Arizona streams unprotected
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E&E News ([link removed])
** States invest in outdoor recreation by opening offices dedicated to its growth
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The Daily Yonder ([link removed])
** Utah wanted all the tourists, then it got them
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Outside Magazine ([link removed])
** Opinion: BLM has put a target on the backs of Nevada's park rangers
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Reno Gazette Journal ([link removed])
** Opinion: Taxpayers hurt by BLM's land lease strategy
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Las Vegas Sun ([link removed])
Quote of the day
Buying, selling, and being able to have a robust sales season depends on us addressing existential issues now. Our industry is evolving and we understand that we have to lead on important issues like climate change and public lands, otherwise, the health of our industry suffers. But secondly, our consumers are demanding that brands lead on these important issues too, so those core values need to be part of every sales discussion.”
—Nick Sargent, president of SnowSports Industries America, Colorado Sun ([link removed])
Picture this
** @Interior ([link removed])
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Can you picture dinosaurs here? Upper Missouri River Breaks National Monument is the location where the first skeletal remains of dinosaurs in North American were found #Montana ([link removed])
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