Tag: Oil And Gas Industry
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Colorado finalizes new rules to reduce emissions from oil and gas midstream sector
The Colorado Air Quality Control Commission unanimously voted on Friday to implement new rules regarding the state’s midstream segment of the oil and gas industry, but some say those rules disregard nearby communities. The new rules seek to reduce greenhouse gas emissions in the transportation and storage — the midstream — segment of the oil and gas…
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Colorado recovers jobs lost in first months of pandemic
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s private sector has recovered all of the jobs lost early in the COVID-19 pandemic, according to a report from the Colorado Department of Labor and Employment. Since May 2020, the state has added 370,000 private sector payroll jobs, compared to losses totaling 358,800 in March…
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Boulder County passes strictest fracking regulations in the state
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The Boulder County Board of Commissioners unanimously voted Thursday to pass strengthened rules and regulations for oil and gas development, including increasing setbacks for fracking sites. From now on, oil and gas well pads in the county will generally have to be at least 2,500…
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Report: 2,000-foot setback rule could be disastrous for Denver’s real estate market
It would take downtown Denver’s office market seven years to recover from the impact of the potential vacancies caused by the Colorado Oil & Gas Conservation Commission’s new setback rules, according to a new report. The report was conducted by the Cushman & Wakefield real estate firm. “The oil and gas industry is a vital component…