Colorado's Bold Move to Ban Oil Drilling Sparks Nationwide Debate

Barchart · 09/28 10:14
Earlier this year, Democratic lawmakers in Colorado proposed two pieces of legislation aimed at introducing a statewide ban on oil and gas wells, which would be the first of its kind in the U.S. One of the bills aimed to introduce a ban on new oil and gas drilling permits by bringing an end to new oil and gas licenses starting in 2028. The second proposal would require oil and gas companies to pause production for five months each year. The proposal of such strict limitations on oil and gas operations had not previously been seen and the proposal…