The Department of Interior has announced oil and gas leases for 2010, and the number of auctions being offered to energy companies is up. Some say it's in response to criticism from oil and gas companies lobbed at the Obama administration over the last few months. Industry says the government isn't issuing enough leases, which is hurting profits. But environmental groups and other organizations tell a different story. They say an abundance in supply and low prices brought on by the recession are the reasons for the dip in earnings. From Rocky Mountain Community Radio station KDNK in Carbondale, Conrad Wilson reports.
You are one of the KRCC readers who wants to know what is really going on in Southern Colorado these days. We have got just the thing for people like you: the KRCC Weekly Digest. Sign up here and we will see you in your email inbox soon!