Posted inClimate, Energy, News

Oil and gas and cryptocurrency miners are Colorado’s new odd couple. And they’re making quite a bit of coin.

JACKSON COUNTY — Tan pump jacks, 140-year-old oil field technology, bob up and down amid the purple sage in this rural corner of Colorado, lifting oil from deep below and also fueling a very 21st century frenzy: cryptocurrency mining. The pump jack wells are tied to natural gas generators powering trailers filled with bitcoin mining […]

Posted inClimate, Energy, News, Politics and Government

First comprehensive oil and gas drilling plan under Colorado’s new regulations gets go-ahead

Colorado’s first comprehensive oil and gas development plan — a new mechanism aimed at better assessing and managing the cumulative impacts of drilling — was approved by state regulators Wednesday, paving the way for more than 200 new wells in Weld County. Kerr-McGee, a subsidiary of Occidental Petroleum Corp., got a greenlight from Colorado Oil […]

Posted inBusiness, Climate, Energy, Environment, News, Politics and Government

Colorado oil and gas companies said a 2019 state law would destroy them. That didn’t happen. But here’s what did.

The demise of the oil and gas industry in Colorado — predicted after the passage of legislation and regulations focused on protecting public health, safety and the environment — does not appear to be imminent. Plans for nearly 1,900 new oil and gas wells are before the Colorado Oil and Gas Conservation Commission in 2022 […]