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Private Equity Fund Of Funds Interior Secretary Gale Norton said Wednesday that her agency wants to triple the number of drilling permits approved in Wyoming's natural gas fields to help meet the nation's growing energy needs.

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Curve Equity Exposed Fund Wyoming, Colorado and other Rocky Mountain states make up one of the country's two major accessible gas reserves, Norton said in an interview with The Associated Press following an energy conference.

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Equity Income Funds ``Natural gas is a major energy need for the country. The demand for natural gas is expected to far outstrip the production,'' Norton said.

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Capital Casebook Equity The Bush administration is pushing for speedier approval of permits to drill for gas on federal land in the Rockies. Companies have complained that it takes up to three times as long to process permits on federal land than on private or state property.

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Private Investment In Public Norton said her agency's goal is to increase to 3,000 from about 1,000 the number of permits approved annually on Bureau of Land Management land in Wyoming's Powder River Basin.

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Equity Mutual Funds The northeastern Wyoming basin contains vast deposits of coal bed methane gas, which requires pumping ground water to release the natural gas trapped in coal seams.

Birmingham Contact Equity Jill Morrison of the Powder River Basin Resource Council, a Sheridan, Wyo.-based conservation group, said residents will watch to see how the bureau handles the increase in permits. She contends the bureau isn't doing the kind of analysis needed to determine the cumulative impacts of drilling on a broad scale.

Private Equity Investment Firm Residents have complained about water wells going dry because of pumping on neighboring property, she said. She also called bonds required to cover cleanup costs ``woefully minimal.''

Complying Deal Equity Funds ``There is going to be a huge taxpayer liability here for the cost of cleanup and reclamation that the government hasn't even begun to account for,'' Morrison said.

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American Equity Investment On the Net:

Equity Index Funds Bureau of Land Management: http://www.blm.gov/nhp/index.htm

Equity Private Team Wyoming Powder River Basin Council: http://www.powderriverbasin.org/prbrc

Equity Group Investment Associated Press - 1/22/2004

Topic: Petroleum Industry

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