Industry Insights & Opinions Archives

CU Denver Business School Study Itemizes $ Billions in Paychecks, Colorado Schools, Services from Oil & Gas Drilling and Production - Colorado Capitol - Oil & Gas 360

No-Frac Backers Submit Petitions for 2,500-Foot Setback, Local Control of Oil & Gas in Colo.

August 8, 2016

Several Colorado ballot initiative groups turned in their collected signatures on petitions today by the 3:00 p.m. deadline. For the oil and gas industry, the Colorado Secretary of State has reported that initiative No. 75, which would cede control over oil and gas operations to local governments, essentially sidelining the authority of the state, and initiative No. 78, which would require a mandatory

Enviro Groups Hope to Kill $3.2 Billion Sabal Trail NatGas Pipeline in Florida

August 8, 2016

From the Gainsville Sun The $3.2 billion, 516-mile, 3-foot-wide pipeline will carry up to 1 billion cubic feet of natural gas a day through a dozen Florida counties, including Alachua, Gilchrist, Suwannee, Levy and Marion, to a connector pipeline in Osceola County. Dozens of people from Florida and Georgia opposed to the proposed Sabal Trail natural gas pipeline that will

Future of Colorado Drilling: Three Days Remain to Gather Signatures for 2016 Ballot Issues

August 5, 2016

Initiative 75 would amend the Colorado constitution to give municipalities control over oil and gas permitting, regulating 78 would essentially stop new drilling on 90% of Colorado’s land area by making a mandatory 2500-foot setback rule part of the state’s constitution It’s a couple of caramel macchiatos from being over. At least the first phase: gathering enough valid signatures to get the

2,500-Foot Setback Initiative Probably Won’t Make the Colorado Ballot: Wells Fargo

August 2, 2016

“But if the measure were to be placed on the general election ballot, then it’s a toss up” Several groups and individuals want to halt, ban or eliminate hydraulic fracturing in Colorado by running signature gathering campaigns to amend the state’s constitution (Initiatives 63, 75 and 78). The state requires 98,492 valid Colorado voter signatures to get an initiative onto the November ballot. These

Trump: Maybe We Should Leave Fracing Up to the Voters

August 1, 2016

Trump says he Understands if a Municipality or State wants to Ban Fracing On the campaign trail, Donald J. Trump has referenced fracing in a number of speeches, always on the favorable side. Trump made a strong endorsement for shale energy development in his North Dakota energy policy speech in May. And rumors have come out in the media that he’s looking at

Colorado Could Lose $14.5 Billion, 104,000 Jobs and Suffer Reduced GDP if Ballot Initiative 78 Passes – UPDATE

August 1, 2016

Aug. 8 deadline looms Ballot proposal 78 could reduce the surface area available for drilling in Colorado by 90%: COGCC report While the economic impacts would not likely put the state into a recession, they would reduce the state’s GDP by 3.4% over a 15-year period: Univ. of Colorado study Colorado has become a hot-spot for political issues in the oil

In Britain, Electric Cars Could Store Renewable Energy for Grid: National Power Co. - oil & gas 360

Obama Directs $4.5 Billion in U.S. Government Loan Guarantees to Speed the Adoption of Electric Vehicles

July 27, 2016

With less than six months remaining in his stay at the White House, President Obama has come out with a program to use the U.S. taxpayers’ money to guarantee loans for parties who are working to accelerate the adoption of electric vehicles and the infrastructure to charge them. The money comes into play in the form of up to $4.5 billion in loan

Oil & Gas 360® Exclusive: Creating Value in a Down Market – Fifth Creek Energy’s Mike Starzer

July 26, 2016

Starzer’s privately held Fifth Creek is positioned to grow rapidly when oil markets turn: he’s planning to invest $1 billion in drilling over 4 years It is difficult to overstate the importance of a good management team, particularly as the oil and gas industry slogs its way through the current downcycle. Experience at the top can help companies ride out

U.S. Lawmakers Debate Measures to Block Boeing Aircraft Sale to Iran

July 8, 2016

From Reuters A U.S. House of Representatives panel began debate legislation on Thursday intended to block Boeing Co’s planned sale of dozens of commercial aircraft to Iran, which could also affect other planemakers, including Airbus if they became law. A Financial Services subcommittee will debate three measures, including one that would prohibit the U.S. Treasury from licensing the sale announced last

Trudeau Reiterates his Opposition to Northern Gateway’s Route through Rainforest

July 5, 2016

From Reuters Canada MONTREAL (Reuters) – Canadian Prime Minister Justin Trudeau on Tuesday reiterated his opposition to the route of Enbridge Inc’s ENB.TO Northern Gateway oil pipeline, casting further doubt on the prospects of a project fiercely opposed by environmentalists. Canada’s former Conservative government had approved Northern Gateway, which would carry oil from the Alberta oil sands to a port

Donald Trump Speaks in Colorado on the Eve of Independence Day

July 1, 2016

Trump is headliner at the Western Conservative Summit In his first appearance in Colorado since he launched his campaign for the 2016 presidential election, presumed Republican nominee Donald Trump spoke to several thousand attendees at an event today at the Colorado Convention Center in downtown Denver. During the hour-long speech, Trump hit upon the main points of his campaign policies,

Climate Change Move from N.A. Heads of Government Could Affect the Oil & Gas Industry

June 30, 2016

Three Chief Executives Tackle Climate Change Canada’s Prime Minister Justin Trudeau, U.S. President Barack Obama, and Mexico’s President Enrique Peña Nieto joined forces in Ottawa this week expressly to demonstrate how North America has the “moral imperative to show strong leadership building on the Paris Agreement and promoting its early entry into force.” This meeting was to showcase their resolve to

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