Associations Defend Industry’s Interests Where Task Force Fell Silent
 
CASPER, Wyo. – In response to the Bureau of Land Management’s (BLM) Rock Springs Resource Management Plan Revisions (RMP), the Petroleum Association of Wyoming (PAW) and Western Energy Alliance (Alliance) submitted comments in defense of multiple use to Wyoming BLM State Director Andrew Archuleta. The industry groups were compelled to take this action to defend the oil and natural gas industry’s interests where the recent task force, assembled by the state and facilitated by the University of Wyoming, remained largely silent.

​DENVER – Western Energy Alliance today submitted comments on the Securities and Exchange Commission’s (SEC) proposed rule to list Natural Asset Companies (NAC) as a new category of publicly traded companies on the New York Stock Exchange (NYSE). The association’s comments come right as the SEC withdrew the proposal shortly before the filing deadline. If advanced the proposal would have allowed NACs to monetize ecological values on public, private and tribal lands for “sustainable” activities and to prohibit productive activities such as oil and natural gas development.
 
The Alliance’s comments pointed out that the broad authority SEC proposed had no basis in law and conflicted with existing congressional mandates that explicitly delegate public land management to various federal agencies.