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The BLM is resuming oil and gas leasing in Colorado, with a December sale of nearly 51,000 acres, following a $6.7 million auction and amid environmental and economic debates.
The Bureau of Land Management is resuming large-scale oil and gas leasing in Colorado, with a December sale of nearly 51,000 acres in northwest counties, following a $6.7 million September auction.
The Trump administration’s lowered royalty rate of 12.5% aims to boost domestic energy production.
While some counties support the leases for economic gain, others oppose them over environmental and public land concerns.
The BLM added habitat protections for elk and deer after public input and plans a larger March sale of up to 73,000 acres, continuing a federal shift toward fossil fuel development on public lands.
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El BLM está reanudando el arrendamiento de petróleo y gas en Colorado, con una venta en diciembre de casi 51,000 acres, luego de una subasta de $6.7 millones y en medio de debates ambientales y económicos.