Saturday, May 11, 2013

BLM preventing job creation in California, oil officials say

SAN FRANCISCO (AP) ??Oil industry associations have accused federal land managers of blocking new energy development in California by postponing all oil and gas lease auctions until October.

John Felmy, the chief economist for the American Petroleum Institute, says the U.S. Bureau of Land Management's recent announcement that it will put off leasing public lands in the state is preventing job creation.

BLM says the decision was forced by budget problems, and the toll of environmental litigation over parcels near the Monterey Shale, one of the nation's largest deposits of shale oil.

BLM's state director Jim Kenna says the agency will concentrate on enforcement of existing leases.

The decision also came after a federal judge ruled last month that BLM violated a key environmental law when it auctioned certain drilling rights before performing a sweeping environmental review.

?2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Source: http://www.fox23news.com/business/story/BLM-preventing-job-creation-in-California-oil-off/ueE0DAxS6U2Dy-zFYxTloQ.cspx?rss=43

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