Wyoming is a national leader in many aspects of oil and gas industry management, but recent developments threaten to undermine our effective and conservative approach.
The Land Quality Advisory Board will reconsider strong coal reclamation bonding regulations June 27. This time they need to accept them argues Bob LeResche.
Sale of Eagle Butte and Belle Ayr coal mines to the unproven Blackjewel LLC. underscores the need to protect taxpayers from reclamation costs.
Wyoming struck a deal with bankrupt miner Arch Coal, hoping to secure $17 million in collateral and $75 million in creditor priority on the company’s $485 million reclamation bonding obligation.
Congress has recently acted to send a big pile of money from the Abandoned Mine Land fund to Wyoming. Now we have to think about actually using this money for the purpose for which it is collected.