Sunday, December 1, 2024

Erie, Colorado Enacts Moratorium on Drilling in the Wattenberg Field

Officials approve six-month halt on new drilling applications From the Boulder Daily Camera The Town of Erie approved a sudden halt on any new drilling plans for the remainder of the year Tuesday night, suggesting the town’s nascent leadership will likely plot a course to overhaul its oil and gas regulations in the coming months. Erie’s Board of Trustees approved

Texas Comptroller Ups Revenue Projection by $2.8 Billion, Thank You Oil

From the Dallas Morning News AUSTIN — Comptroller Glenn Hegar on Wednesday increased his revenue estimate for the current two-year budget cycle by $2.8 billion. Hegar said tax collections have exceeded his expectations because of a strengthening Texas economy and higher oil prices and production. “The best ongoing indicator of the robust Texas economy is the state’s rate of job