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Oil, health care, military experts address business concerns at CSBJ breakfast

Oil and gas has been a welcome boom for Weld County, says Weld County Commissioner Sean Conway. Colorado Springs stands to lose hundreds of jobs and thousands in economic impact from sequestration cuts to the defense budget – but there could also be some opportunity, said Scott Bryan, owner of Bryan Construction and a member of… Continue Reading Oil, health care, military experts address business concerns at CSBJ breakfast

Report: Niobrara could yield 3.6 billion barrels

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The Niobrara formation – known for its oil and gas deposits – is getting even bigger, according to the Denver Business Journal. The newspaper is reporting that yield estimates for the Niobrara, which includes parts of El Paso County and Colorado Springs, have soared to 3.6 billion barrels. That’s one-third larger than previous forecasts by… Continue Reading Report: Niobrara could yield 3.6 billion barrels

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  The Environmental Protection Agency is checking for pollution after a tanker truck carrying thousands of gallons of fracking chemicals rolled over near Loma, spilling chemicals into a nearby creek.   The Lower Valley Fire District says about 50 gallons of chemicals used in drilling operations leaked into a nearby stream before they dammed the… Continue Reading EPA checking contamination from fracking spill

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Some northern Colorado cities are earning thousands of dollars selling municipal water for use in hydraulic fracturing or fracking. The Fort Collins Coloradoan reported Sunday that the town of Windsor sold more than 8.4 million gallons to the oil and gas industry for nearly $17,000 between Nov. 1 and March 1. The town sold no… Continue Reading Colo. cities profit by selling water for fracking

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A dozen earthquakes in northeastern Ohio were almost certainly induced by injection of gas-drilling wastewater into the earth, state regulators said Friday as they announced a series of tough new rules for drillers. Among the new regulations: Well operators must submit more comprehensive geological data when requesting a drill site, and the chemical makeup of… Continue Reading Ohio: Gas-drilling injection well led to quakes

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Colorado approves fracking disclosure rules

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Colorado regulators have approved new rules requiring energy companies to publicly disclose chemicals used in hydraulic fracturing but allowing them to protect trade secrets. The Colorado Oil and Gas Conservation Commission unanimously approved the rules Tuesday. Under the regulations, a company that doesn’t want to disclose an ingredient that’s a trade secret has to explain… Continue Reading Colorado approves fracking disclosure rules

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Colorado delays fracking disclosure decision

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Colorado regulators decided Monday night to wait a week before they start deliberating a proposal to require oil and gas companies to publicly disclose what chemicals they use in hydraulic fracturing. The Colorado Oil and Gas Conservation Commission made the decision after hearing about 11 hours of opinions on the proposal from industry officials, conservation… Continue Reading Colorado delays fracking disclosure decision

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There’s never been a producing oil or gas well in El Paso County, but that hasn’t stopped drilling plans for Houston-based Ultra Resources, which bought more than 18,000 acres of the failed Banning Lewis Ranch property. The region’s foray into oil and gas drilling will also be the city and county’s foray into how to… Continue Reading Fracking forces El Paso County to consider regulation stragegy

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U.S. Senator Mark Udall says there is no reason to worry about the use of hydraulic fracturing to free up oil and gas deposits if it’s done properly. Hydraulic fracturing, or fracking, involves injecting vast amounts of water and chemicals to open deeply buried gas formations. People living near drilling areas have complained about water… Continue Reading Udall says oil and gas fracking safe

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