The Colorado Independent - Latest Comments in Energy Development in the Headlines

Re: Energy Development in the Headlines

not in my community — Wed, 29 Nov 2006 17:58:40 -0000

The Proposed Dalbo Waste Dump Ponds Dalbo wants to put wastewater ponds right in the middle of a community! They don't seem to care that they are 3 miles outside of a town or that there are around 70 homes in the immediate area. They claim that Donna Stoner said as soon as the ponds were built, the facility would be full and running at capacity accepting truckloads of waste from several counties.Vapors from the Black Hill facility is causing problems for near by residents as it is thick in the air. They claim they are not able to be outside or run their air conditions in the summer. The Black Hill facility also leaks and some claim it has for 2 1/2 years. The residents of the surrounding area have decided that no more ponds should be built in this area and have banded together against Dalbo.

Re: Energy Development in the Headlines

Leslie Robinson — Tue, 21 Nov 2006 12:32:16 -0000

They will first pass the buck.... The federal tax breaks have been icing on the cake. But with "increased costs," the energy companies will do what all businesses do, pass the cost onto the customer.

Most likely, it is the severance taxes on the oil, gas, coal, etc by the individual states that probably impact where and when a company decides to drill or mine. Colorado tax rates on energy production are some of the lowest in the nation and combine that with some of the richest reserves, the oil and gas boom is not likely to diminish in this state until the supply runs out or until a more cost efficient form of energy is produced.

Unfortunately, a lot of the best gas reserves are found in environmentally sensitive areas because no one has been able to drill there before until they were available under Cheney's energy policy.

Re: Energy Development in the Headlines

Wendy Norris — Mon, 20 Nov 2006 15:44:42 -0000

chicken or egg Great roundup, Leslie.

To what extent do you think that corporate tax breaks fuel the excessive drilling boom and to what extent would repealing those breaks affect the oil and gas firms from exploring and drilling in fragile habitats rather than those areas better known for their reserves?