What Colorado’s Ballot Proposal No. 78 Means for the Oil & Gas Industry

Last week, the University of Colorado’s Leeds School of Business released findings from a study that investigated the economic consequences of the state’s ballot proposal no. 78. As Cathy Proctor, reporter with the Denver Business Journal, summarized in her recent article, “Ballot proposal No. 78, which calls for expanding Colorado’s existing 500-foot buffer zones around oil and gas operations to 2,500 feet, would be the death knell for an industry already reeling from a two-year bust in commodity prices if approved by voters in November.”

So what exactly would Colorado’s ballot proposal mean for the oil and gas industry?

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Fracking Will Not Be a Focus of the 2016 Democratic Presidential Campaign

In spite of the undeniable momentum that his campaign had at times, perhaps it was inevitable that party favorite Hillary Clinton would top Bernie Sanders and take the Democratic nomination for President. As the Sanders’ campaign finally accepted defeat, though, surrender — and Sanders’ highly valuable endorsement of Clinton — would come with a few caveats. In order to get the Democratic Party somewhat healed and ready for a Trump-Clinton face-off, Clinton’s campaign was forced to include a few of Bernie’s talking points in her platform.

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Anti-Fracking Proponents Voice Concern Over Recent DNR Results

One of the many ways that foes of hydraulic fracturing attempt to turn the tide of public interest against the industry is to strike at the industries that help fuel fracking projects. Which brings us to Wisconsin, which has been called the Saudi Arabia of sand, because of its incredible wealth of the product. While the industrial sand business is more than 100 years old, extracting sand for the hydraulic fracturing has brought the industry into the crosshairs of activists looking to stop the oil and gas industry from hydraulic fracturing.

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Fracking Innovations Ease Environmental Concerns

“For an industry that is driven by innovation, the advent of horizontal and directional drilling paired with hydraulic fracturing has heralded an era of new beginnings and dramatically reduced operational footprint,” says new research collected by the Western Energy Alliance. “Companies are now able to do more with less, minimizing impacts on species and the landscapes they depend upon. Wildlife is truly gaining ground.”

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What Does BREXIT Mean For the Oil and Gas Industry?

For weeks now, the top story across the globe has been the United Kingdom’s controversial exit from the European Union. The vote, dubbed BREXIT, has rippled across the entire globe as the economy and the geo-political makeup of the world have suddenly shifted. While the dust settles over one of the biggest political firestorms in recent memories, the landmark vote will have short and long term implications for everyone across the globe. The oil and gas industry isn’t immune to the chaos, as the BREXIT vote will absolutely have ramifications for the industry’s future.

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6 Surprising Facts about Fracking

There’s a lot of misinformation published and discussed in the media about hydraulic fracturing, better known as fracking. However, when you dig into this highly-contested topic, you uncover some fascinating information that combats many of the false allegations levied against the oil and gas industry.

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What Does Colorado’s Natural Gas Surplus Mean For The Industry?

According to the U.S. Geological Survey, the previous estimates for the amount of gas in the Mancos Shale formation in Colorado’s Piceance Basin were a teensy bit off. How far? About 4,000 percent. A recent report from the organization stated that the deposit may have as many as 66.3 trillion cubic feet of gas, as opposed to a 2003 estimate which put the number at around 1.6 trillion. This new estimate puts Colorado as the second biggest home of gas in the nation.

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Initiative 63, Colorado’s ‘Right to Healthy Environment’ Petition Allows For Reactive Decisions on Hot Button Issues

Among the legislative issues facing Coloradans in the voting booth this November is the highly controversial initiative 63, or the “Right to Healthy Environment” Initiative. The petition still needs to clear the nearly 100,000 signatures required to become an official part of this November’s vote, but if it is put on the ballot, it could spell trouble for the oil and gas industry in the state.

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Colorado’s Mandatory Setback Amendment May Have Severe Repercussions for the Oil & Gas Industry

On November 8, there’s a likelihood that Colorado voters will encounter — among other tough decisions at the polls — Colorado ballot initiative #78, colloquially known as the Mandatory Setback from Oil and Gas Development Amendment. While the term “setback” in the bill’s title refers to physical location and not actual hindrances to the oil and gas industry, the dual meaning may very well be apt if the initiative is actually voted in by Colorado’s voters.

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