Interior rejects oil shale lease offerings
Excerpts:
Interior Secretary Ken Salazar today tossed out a Bush administration oil shale lease offering, saying it "didn't meet the smell test."
On Jan. 14, with less than a week in office, the Bush administration issued a solicitation for research and development oil shale leases in Colorado, Utah and Wyoming.
The 640-acre leases would have been four times as large as the first research leases issued in 2005. They also would have locked in a 5 percent royalty rate.
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About Ben Beach
A graduate of Harvard with a law degree from Catholic University, Ben worked for The Wilderness Society from May 1984 to November 2011, making him our longest-serving staff member. He edited Wilderness magazine and our newsletter. Ben was also... More about Ben Beach
