Area activist groups and businesses are seeking to defend the Biden administrationâs pause on federal oil and gas leasing from legal challenges in court.
A coalition of 21 conservation and other groups have filed motions to intervene in lawsuits brought by the state of Wyoming and the Western Energy Alliance to contest the leasing moratorium. Among the groups are the Western Colorado Alliance, the Carbondale-based Wilderness Workshop, Citizens for a Healthy Community in Paonia and the Valley Organic Growers Association in the North Fork Valley.
A handful of companies also have separately moved to intervene to defend the moratorium, including Roan Creek Ranch, Aspen Skiing Co., the Thistle Whistle Farm in Delta County, and Western Spirit Cycling in Moab, Utah.
A stunning surge in short-term natural gas prices Friday related to Arctic cold moving into the central U.S. states should mean at least a short-term surge in cash flow for local natural gas producers.
Natural Gas Intelligence on Friday reported that Midcontinent spot prices soared to as high as $600 per million British thermal units, with transactions at an Oklahoma trading hub all topping $125 after starting the week at around $3.
âItâs an extremely historic day for natural gas, thatâs for sure,â said Chelsie Miera, executive director of the West Slope Colorado Oil and Gas Association.
She said that according to one local operator, when natural gas prices were doing well in the early 2000s, they were at maybe $6 to $8 per million Btus, peaking at perhaps $14.
Rep. Lauren Boebert introduces fourth bill opposing Biden’s executive orders
Durango, Colorado Currently Fri
Lawmaker calls for end to moratorium on gas, oil leasing
Tuesday, Feb. 9, 2021 12:21 PM Updated: Tuesday, Feb. 9, 2021 10:14 PM U.S. Rep. Lauren Boebert has four bills in opposition to executive orders signed by President Joe Biden, including her most recent to end a moratorium on oil and gas leasing on federal lands. J. Scott Applewhite/Associated Press file
Rep. Lauren Boebert introduces fourth bill opposing Biden’s executive orders U.S. Rep. Lauren Boebert has four bills in opposition to executive orders signed by President Joe Biden, including her most recent to end a moratorium on oil and gas leasing on federal lands.
For the second time this year, the federal government has refused to overrule the state of Oregon regarding a state-level decision against the Jordan Cove liquefied natural gas project.
The National Oceanic and Atmospheric Administration, through a decision signed by a U.S. Department of Commerce official this week, declined to override a February 2020 decision by the Oregon Department of Land Conservation and Development determining the project hasnât demonstrated it would comply with Oregon Coastal Management Program.
The $10 billion Jordan Cove project would be located in Coos Bay, Oregon, and is being pursued by Canada-based Pembina Pipeline Corp. It would produce up to 7.8 million metric tons per year of LNG for export overseas, particularly to Asia. It includes a 229-mile pipeline in Oregon that would connect it to existing pipelines tapping gas from producing basins in Canada and the Rocky Mountains, including western Coloradoâs Piceance Basin, where the project is
Andrew is the director of the Lone Cone Library in Norwood in San Miguel County. A large part of that shortfall, say County officials, is due to a delay in tax payments from Paradox Resources, an oil and gas company that operates in the County. Their 2019 taxes were due by April 2020. The money helps fund local tax districts like the library. But, the company didn t pay when they were supposed to. By late 2020, they owed over a quarter million dollars in 2019 taxes.
The Coronavirus pandemic is one of the reasons Paradox wasn t able to pay the taxes on time, says Todd Brooks, the company s CEO.