San Miguel County weighs strict oil drilling ordinance
San Miguel County commissioners consider a stringent oil and gas ordinance drawn with a Los Angeles consultant. The 100 page draft requires water availability assessments, water rights disclosure, drought suspensions, health impact documentation, and industry impact fees. A Dec 13 moratorium expiry looms as hearings and revisions proceed.
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Job market shows mixed signals ahead of Fed decision
The economy has added jobs for 350 straight months and unemployment is 7.3 percent, the lowest since 2008, but hiring remains tepid and growth is concentrated in lower paying sectors. About 4.3 million people are unemployed six months or more while the labor pool remains short of pre crisis levels. The Fed may trim its bond purchases by around 10 billion dollars at its September meeting to curb rates and spur spending.
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