Oil, gas industry groups wary of plans for ‘sweeping’ new regs

DENVER — Oil and gas industry groups are expressing concern following an announcement Thursday that House Speaker KC Becker, D-Boulder, and Senate Majority Leader Stephen Fenberg, D-Boulder, would soon put forth new legislation to boost regulations on drilling.

The Colorado Oil and Gas Association questioned the need for “sweeping” new legislation and argued the state’s existing regulations are some of the most strict in the nation.

“While we look forward to seeing legislation that lawmakers have described as common-sense reforms, their notion that oil and natural gas regulations haven’t been modernized and strengthened…