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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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Securities division issues cease-and-desist order

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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… Continue Reading Securities division issues cease-and-desist order

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