Tag: Fees
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Colorado Orphan Wells Mitigation Enterprise Board adds new $115 annual fee
Colorado levied another fee on oil and gas operators in Colorado to pay for closing and cleaning up another category of wells called marginal wells, defined in the statute as “an oil and gas well that presents a high risk of becoming orphaned.” The new $115-per-year fee, which is expected to raise about $5 million…
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Xcel customers likely to see higher energy rates as winter arrives
Colorado customers likely face steeper energy bills in the New Year if natural gas prices remain high, as experts anticipate, even after coping with hikes in electricity and natural gas costs exceeding 50% in the last year, not to mention soaring inflation. Global demand for natural gas, caused in part by the Russian war in…
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Polis assures infrastructure sector of funding as he pledges to reduce transportation-related fees
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The Polis administration on Thursday assured the transportation sector that plans to save Coloradans money by reducing or delaying several fees — the same revenue streams the governor and his Democratic allies approved last year to fund the state’s 10-year transportation program — will not slow…