Spencer Fane attorney John Watson was recently interviewed by the Wall Street Journal in an article discussing the impacts that measures in the November election could have on the oil and gas industry in Colorado.
Titled “Colorado Measure Could Force State to Pay Frackers,” the article outlines how Proposition 112 could potentially prevent drilling within 2,500 feet of homes, businesses and green spaces. Amendment 74 would then give oil and gas companies a clearer path to sue over lost drilling access, which could require the government to pay them when the regulations cause reduction in property value. John explains in the article, “It’ll be implemented, and then boom, the lawsuits will start.”
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