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Resource ID: #19561
Subject: Oil
Source: New Times (Broward - Palm Beach, FL)
Affiliation: 
Date: Sept. 12

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Description

New Times reports on the buyout of mineral rights by the Department of the Interior from the wealthy Collier family. The story finds that although the government proclaimed commitment to conservation and environmental practices, the buyout was only a card played to help the re-election of Gov. Jeb Bush in November 2002. "The preserve's regulations already strictly limit most future drilling, and the buyout does nothing to curtail the Collier's drilling regulations now in place." Another issue reported in the story is whether the price paid for Collier's rights was not unreasonably high.

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