U.S. Interior’s reduced oil and gas bonding proposal draws rebuke from New Mexico conservationists

By: Joshua Bowling

Outlets: Source New Mexico

Published: June 24, 2026

Words: 385

Last Updated: 4 weeks, 1 day ago

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The U.S. Department of the Interior earlier this week announced a proposal that would dramatically reduce both the amount of money oil and gas operators need to guarantee for cleanup efforts and the amount of time members of the public have to comment on oil and gas leases.

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The proposal would temporarily reduce the bonding amount from $500,000 to $25,000 while the Interior Department gathers …

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