UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Oil, gas, potash deal made in New Mexico

|
 
Published: Dec. 5, 2012 at 8:40 AM

ALBUQUERQUE, Dec. 5 (UPI) -- The U.S. Interior Department issued an order to develop oil, natural gas and potash resources in a 500,000-acre site in New Mexico.

The parcel produces 75 percent of the potash mined in the United States. It also contains 800 federal oil and natural gas leases. The potash lies above oil and natural gas wells in an area governed by the U.S. Bureau of Land Management.

An order issued by Interior Secretary Ken Salazar calls for the development of technologies like horizontal drilling to produce oil and natural gas without disturbing the surface.

Salazar last January met with leaders from the energy and potash communities to develop a draft framework for his proposal. Salazar said the measure could end years of debate over development of the federal area. The potash industry had said oil and gas interests would interfere with its operations.

"This comprehensive strategy will allow us to move beyond years of disagreement and litigation between the energy and potash industries and provides a balanced approach that will strengthen New Mexico's economy," Salazar said in a statement.

Topics: Ken Salazar
Recommended Stories
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Energy Resources Stories
1 of 17
Alessandra Ambrosio attends the "Monsters University" premiere with their sons in Los Angeles
View Caption
Brazilan model Alessandra Corine Ambrosio attends the premiere of the animated motion picture comedy "Monsters University", at the El Capitan Theatre in the Hollywood section of Los Angeles on June 17, 2013. UPI/Jim Ruymen
fark
After some careful soul-searching, Chrysler decides they would rather not be sued into oblivion...
Have you flown through Dulles Airport within the past week and a half? Good luck with the measles...
Epic response to letter full of legalese from lawyer who's apparently sick of this shiat
If your bar/restaurant is named "FRIENDLY'S", it would be in your best interest not to put "FARKING...
Mmmmmmmm ...........Baked Alaska
Photoshop this German girl and her grapes