Last year, Colorado’s oil and natural gas industry injected $29.6 billion into the state’s economy, supporting 110,000 mostly high-paying jobs, according to a study released Monday by a research unit at the Leeds Business School, University of Colorado (UC), Boulder.
Economy
Articles from Economy
U.S. Doing Global Gas Heavy Lifting
Natural gas last year expanded its share of the global energy mix even though demand growth was hindered by a weak economy in Europe, according to the International Energy Agency (IEA), which said the United States was a standout among gas-producing countries.
IEA Says U.S. Was A NatGas Power-Lifter Last Year
Natural gas last year expanded its share of the global energy mix even though demand growth was hindered by a weak economy in Europe, according to the International Energy Agency (IEA), which said the United States was a standout among gas-producing countries.
Alaska LNG Prospects: Not All Bad, Not All Good
Natural gas-hungry Japan is knocking on Alaska’s door, but the world’s third-largest economy won’t wait forever for liquefied North Slope gas — or pay dearly for it. The message to state lawmakers and the energy industry: hurry up with cost-competitive supply — or you’ll add even more years to the decades-long effort to commercialize those long-stymied gas reserves.
Japan Won’t Knock Forever on Alaska’s LNG Door
Natural gas-hungry Japan is knocking on Alaska’s door, but the world’s third-largest economy won’t wait forever for liquefied North Slope gas — or pay dearly for it. The message to state lawmakers and the energy industry: hurry up with cost-competitive supply — or you’ll add even more years to the decades-long effort to commercialize those long-stymied gas reserves.
Williams Exec: ‘Crackers or Bust’ as Ethane Production Booms
While the debate rages over whether exporting liquefied U.S. natural gas is a good idea, stocks of natural gas liquids (NGL) are so abundant, export of some is viewed as a necessity. And in the United States, more chemical sector demand can’t come fast enough.
Colorado Agency Postpones Setback Rule Decision
The Colorado Oil and Gas Conservation Commission (COGCC) reconvened Thursday in Denver, but was unable to resolve lingering issues and delayed until Feb. 11 finalizing new setback requirements for oil and natural gas wells.
Congress Refuels NGVs in Fiscal Cliff Action
The natural gas vehicle (NGV) sector was one part of the economy that benefited from Congress’ fiscal cliff action on Tuesday, gaining new life from the extension of clean vehicle tax incentives.
Colorado Poised to Make Drilling Rules Mandatory
After relying on industry voluntary actions regarding drilling setback and water sampling approaches, Colorado regulators are poised to establish new mandatory rules covering exploration and production (E&P) companies.
Top North American Gas Marketers (Bcf/d)
Sluggish economy and demand have gas market continuing to search for markets, analyst says. read more