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In years past, statewide elections in Colorado brought a slew of hardly constitutional ballot initiatives. Although the state’s oil and gas industry continues to bolster the economy, 2018 is proving to be no different. Anti-energy activists have another onslaught of anti-fracking measures in the pipeline. Front and center, however, is Initiative 97 from community organizer Suzanne Spiegel. Ninety-seven aims to expand Colorado’s fracking setback rules. Currently, the state prohibits new wells from being dug less
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In early June, the United Nations released a report meant to act as a stepping stone for nations interested in developing their shale and natural gas resources. Though the UN report appears, at first, as a benevolent gesture, it feels far more politicized. The US ‘Cautionary Tale’ In its most recent Commodities at a Glance report, the United Nations parroted the oft-repeated but hardly founded belief that fracking brings with it environmental issues. The report
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Over the last week, gas prices across the country have risen dramatically. While the White House is taking the brunt of the abuse, the real culprits behind skyrocketing gas prices are OPEC and Russia. A Tough Summer for Road Trips Over the last seven days, gas prices across Texas have risen as much as six cents. In Wyoming, it’s risen ten cents. In every corner of the country, drivers faced a dramatic 4-cent-a-gallon increase at
It’s been a bang-up year for the United States’ oil and gas industry. Since a January report from the US Energy Information Administration stated in no uncertain terms that the United States energy infrastructure was poised to change the world, the domestic oil and gas industry has seen a boom unprecedented in the industry. In the short six months since the EIA’s announcement, the United States has ramped up production to such a degree that
boulder
On Wednesday, May 16, the Boulder City Council voted unanimously to extend its infamous fracking moratorium by an additional two years. In spite of a prior conflict with state authorities last year, Boulder’s moratorium serves as a mostly ineffective legislative move that does virtually nothing to stymie fracking in Colorado. But, golly, if those Boulderites aren’t extra proud of themselves for taking a stance. Adding Two Years to the Moratorium As the City Council voted
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Over the course of 2018, the United States oil and gas industry has recovered handily from a rough few years of low demand and harsh regulations. Even as the US active rig count reaches highs not seen in a year or more, oil and gas jobs haven’t grown quite as quickly as some might have hoped. With a little patience, however, the energy industry aims to get more people on the job than ever before.
Photo by Flickr user Gage Skidmore.
Today, oil price rose nearly 2 percent, hitting a high not achieved since November 2014. While the uptick in price is partially-attributed to limited supplies, the market responded to possible news of new U.S. sanctions against Iran. Continue reading→
Image from Flickr user mendhak
Businesses in the oil and gas industry are wrongly painted as evil. While former practices of the industry have recently been discovered as harmful, companies in the field are taking this feedback and improving their work in every conceivable way. News out of Canada indicates just how far the oil and gas industry has come, with the nation’s exploration and production (E&P) companies and cleantech startups leading the charge in greener, more sustainable efforts. Continue
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First Lady Barbara Bush
On April 17, 2018, after battling chronic obstructive pulmonary disease, congestive heart failure, and Graves’ disease, Barbara Bush passed away at her home in Houston, Texas at the age of 92. During a long and meaningful life, Barbara Bush served as both the First and Second Lady of the United States. During her tenure as First Lady, Bush dedicated herself to the cause of universal literacy and eventually founded the Barbara Bush Foundation for Family
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New Zealand Prime Minister Jacinda Ardern
Oil and gas businesses were shocked by the news today that New Zealand’s Labour government chose to ban future offshore exploration. The South Pacific nation is one of the first in the world to take such drastic, short-sighted measures, joining France, Belize, and Costa Rica.Continue reading→