Connect with us

Hi, what are you looking for?

Economy

Biden admin unleashes 50-year mining, oil drilling ban across thousands of acres in New Mexico

The Biden administration proposed to block of thousands of acres from future oil drilling or mining in northern New Mexico in an effort to protect Native American lands.

According to the Department of the Interior (DOI), the proposal would ban new mining claims and oil and gas development across more than 4,200 acres in Sandoval County, New Mexico, located north of Albuquerque. If finalized and implemented, the action would remain in place for up to 50 years.

‘Today we’re responding to call from Tribes, elected leaders, and community members who want to see these public lands protected,’ Interior Secretary Deb Haaland said in a statement. ‘We look forward to hearing more from the public to inform decisions about how activities, like gravel mining, may impact these lands, including the important cultural and natural resources.’

‘We recognize the importance of the Placitas area, both for Tribal Nations and for the local community who visit and recreate in this area,’ added Melanie Barnes, the state director of the Bureau of Land Management’s (BLM) New Mexico office.

In its proposal, the BLM stated that the action was designed to ‘protect, preserve, and promote the scenic integrity, cultural importance, recreational values, and wildlife habitat connectivity’ in the region. 

The DOI said the Pueblo tribes of San Felipe and Santa Ana have previously advocated for protections in the area which contains archeological resources from hundreds of years ago. The area is also popular for hiking, camping, sightseeing and hunting.  

In 2019, Haaland, who at the time served in Congress and as vice chair of the House Natural Resources Committee, introduced the Buffalo Tract Protection Act which would mimic the actions taken Monday. At the time, Haaland said residents and tribal citizens in the region bear the brunt of pollution produced from the area’s many mines.

Earlier this year, Sen. Martin Heinrich, D-N.M., and Rep. Melanie Stansbury, D-N.M., reintroduced the legislation. The pair have also repeatedly called on the DOI to take action blocking mineral development in Sandoval County.

‘It is time we put an end to this years-long debate and withdraw these parcels from future mineral development,’ Heinrich said during a March event in Albuquerque alongside Stansbury.

Using information available from the BLM, the Congressional Budget Office issued a report on the Buffalo Tract Protection Act in August concluding that the area impacted by the mineral ban has high potential for sand and gravel extraction and minimal potential for development of other minerals. Sand and gravel extraction is key for various infrastructure projects like roads.

The report projected the land withdrawal would result in a decrease of $2 million in federal revenue.

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    North Korea may be known as the hermit kingdom, but the isolated nation could be edging toward opening its borders to small numbers of...

    Latest News

    Evacuations are underway across Hawaii’s Big Island and Maui as passing Hurricane Dora helps fuel wildfires that have damaged structures, prompted rescues and spurred...

    Editor's Pick

    One of the perks of being speaker of the House — or at least, one of the characteristics of it — is that you...

    Latest News

    Former world No. 1 Caroline Wozniacki won her first competitive tennis match in three-and-a-half years on Tuesday, defeating Australian Kimberly Birrell 6-2 6-2 at...

    Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 balanceandcharge.com