If you’d like to discuss energy issues, contact Court Rich, Co-Chair of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com
ALBUQUERQUE, N.M. (AP) — Petroleum producers in southeastern New Mexico are on track to pump out 80 million barrels of oil this year — numbers that haven’t been seen since the 1970s.
In Texas and North Dakota, the oilfields are booming. Companies are exploring possible shale plays in more pockets around the West, and there are no signs that Wyoming stands to lose its position as the nation’s top coal producer.
Federal projections released this week by the U.S. Energy Information Administration suggest the next three decades will see similar flurries of domestic energy development as technology improves and pressures mount to reduce America’s reliance on Mideast oil, and the West will be a player.
The “energy breadbasket” of the nation is how Utah Gov. Gary Herbert describes it.
With its large swaths of public land and enormous caches of oil, natural gas and solar, wind and geothermal resources, Herbert, chairman of the Western Governors Association, said there’s no reason the region shouldn’t be a model for how to balance domestic energy production.
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Rise in renewable energy will require more use of fossil fuels