Colorado proposes new gas, oil drilling rules |

Colorado proposes new gas, oil drilling rules

DENVER, Colorado ” A proposal for updating Colorado oil and gas regulations would take less time to process drilling applications and require less consultation with state agencies than envisioned in preliminary rules.

State officials released draft rules Monday to legislators. The proposal would implement two new laws requiring that more weight be given to health, wildlife and environmental concerns when making decisions about oil and gas development.

Officials say it’s important to balance Colorado’s protection of the environment and public health with allowing the oil and gas industry to continue to flourish.

State officials say 80 percent of the preliminary proposals were modified to factor in concerns from the industry about the new rules driving up costs and causing delays.

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