Posted inBusiness, COVID, Energy, Environment, News

Colorado’s oil and gas producers are slashing budgets, closing wells as demand and cash flow dwindles

Oil and gas drilling in Colorado hit a historic low in May with only six drill rigs operating and an average for the month of seven drilling platforms – the fewest in the 28 years that oil field services company Baker Hughes has kept monthly records by state. In the Denver-Julesburg/Niobrara Basin, which extends along […]

Posted inBusiness, Energy, Growth, News, Politics and Government

Oil rigs may draw protests, but Colorado’s pipelines could get pinched by Democratic lawmakers

Oil rigs dotting the Front Range have been lightning rods of controversy and targets of protests, lawsuits, ballot measures and now an expected push at the statehouse for new regulations. But behind those drill rigs is a multibillion-dollar network of processing plants and pipelines that also could be affected. This part of the industry is […]