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Methane is 25 times more potent than carbon dioxide at trapping heat in the atmosphere. That’s why the Biden Administration is working with 24 states to identify 10,000 high-priority wells to plug as soon as possible, usually by pumping cement into the leaking area.
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The Interior Department is giving 24 states a total of $560 million to start cleaning high-priority derelict oil and gas wells abandoned on state and private land, the department said Thursday.
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U.S. oil prices rose to $70 a barrel this week — a sign the industry is bouncing back after a bust brought on by the pandemic. That’s bringing a much-needed jolt into the local economy in Weld County.
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The Bureau of Land Management plans to put up more than 20,000 acres of Colorado land for lease by oil and gas drilling companies. Much of that land sits…
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If it weren’t for the snowy alpine peaks in the background, camels would look perfectly at home in the undulating yellow sand hills of Colorado’s Great…
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With just a few days left in Boulder County’s oil and gas moratorium, county commissioners laid out their plan to gain more local control of the…
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The International Energy Agency says U.S. shale output and petroleum from Canada's tar sands are transforming global energy markets.
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A boom in natural gas in the U.S. has driven prices to 10-year lows, threatening the viability of some producers. People needed less gas to heat their homes this winter, but at the same time a huge increase in gas production was made possible by new methods of coaxing gas out of shale rock formations.
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Foreign Imports have dropped by more than two million barrels a day over the past four years, the administration says.
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President Obama's critics say he has blocked domestic oil production. But under his administration, a steady uptick in U.S. drilling operations, combined with falling overall consumption, has led to a steep drop in the percentage of oil the U.S. imports. Analysts say by 2035, the U.S. will import a little more than a third of its oil, down from 60 percent in 2005.