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 [...] [...]
A contoversial tax proposal aimed at stifling local opposition to oil and gas drilling is nearing a decision in the Colorado House. The measure would take severance tax payments from local governments that take steps to slow or prevent oil and gas drilling. The bill comes after state energy regulators clashed with county and municipal [...] [...]
Colorado Gov. John Hickenlooper says that like most governors, he prefers state regulation of oil and gas drilling to federal regulation. “Most governors are going to argue that it should be a state responsibility,” Hickenlooper said Wednesday at a news conference during the energy consulting firm IHS CERA’s annual executive conference in Houston. “We can [...] [...]
Denver International Airport is trying to determine whether it should add more oil and gas wells. Airport spokeswoman Jenny Schiavone says there were 76 oil and gas wells on the property before DIA opened in 1995. Those wells brought in $7 million for the airport in 2010. The airport has hired a consultant to examine [...] [...]
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 [...] [...]
El Paso County and Colorado Springs will receive part of a $54.6 million annual severance tax and federal mineral lease direct distribution payment made by companies that extract minerals and energy from the state. El Paso County will receive $16,179.29 and $17,609. 47 from the state’s Department of Local Affairs. Last year’s distribution to Colorado [...] [...]
I don’t understand why the federal government keeps trying to stick its nose in our business here in Colorado. It seems like every few months or so, Congress or the Environmental Protection Agency keeps trying to take over regulation of our oil and gas industry. The state already does a bang up job but still, [...] [...]
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 [...] [...]
An Indiana company has been ordered to stop selling securities in Colorado for gas wells in Texas, Louisiana and Michigan. Earth Energy Developments from Jeffersonville, Ind., its former manager Jason Towe of Bowling Green, Ken.; and three of its salespeople have been issued a final cease-and-desist order from the Colorado Securities Commission. The three salespeople [...] [...]