Oklahoma Gov. Mary Fallin and her Colorado counterpart will host a two-day forum next week on the development of shale energy.
Fallin is chairwoman of the National Governors Association. Colorado Gov. John Hickenlooper is vice chairman. Together they are hosting a forum in Broomfield, Colo., focused on responsible development of natural gas resources.
The event, which starts Monday, is expected to draw energy executives, policymakers and state regulators from around the country.
“We're going to be talking about many different subjects, from the promise and the pitfalls of shale energy,” Fallin said. “We're certainly going to be discussing environmental and social risks from the expanding industry and how we can be good stewards of our land and water.”
The Republican governor said the forum will focus on how states can work together to use best practices to bolster the energy industry, while enacting “smart regulations” to address environmental and health concerns.
Oklahoma Corporation Commissioner Dana Murphy will be part of a panel discussion Tuesday on handling wastewater contamination and seismicity risks.
Fallin also intends to talk about the successful compressed natural gas initiative she launched with Hickenlooper in 2011
The initiative resulted in 23 states joining together to get bids on natural gas vehicles for their state fleets.
Next week's forum has been in the works for some time, as Fallin worked with the association's Center for Best Practices before being elected chairwoman last month.
Fallin said it is important to develop America's energy resources in a responsible and economic manner.
She said continued development of domestic resources will reduce the nation's dependence on foreign oil, while generating more revenue for state governments.
Fallin said she favors state regulation of energy development rather than the “heavy hand” of the federal government.