Oil & Gas Industry Welcomes Colorado's Rejection of Limits on Drilling
Oil & Gas Industry Welcomes Colorado's Rejection of Limits on Drilling
Attachment: niobraraoil, niobraragas
Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--On Election Day, Coloradans soundly rejected a proposal that could have severely curtailed future Oil & Gas drilling in the state. By a 57-43% margin, voters turned down Proposition 112, which would have significantly lengthened the distance that new wells could be drilled from occupied buildings and waterways. The measure would not have affected the state's estimated 50,000 wells that are currently operating.
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