Real Energy Policy with a Side of Jobs, Wealth and Reduced Reliance: It’s All Right Here
Wednesday, November 16, 2011 at 8:51PM The opportunity for energy security from North American oil continues to grow along the Ports-to-Plains Region … Eagle Ford and Permian in Texas … The Williston Basin in North Dakota, Montana and Saskatchewan … Alberta’s oil sands … and now the Niobrara in Colorado and Wyoming. The Ports-to-Plains Alliance Corridor is the transportation backbone for this opportunity as well as the growth in renewable wind resources. All creating jobs and wealth for a region of the nation that outside of the large urban areas have struggled economically, as well as contributing to energy security. Yet, there is an opposition that continues to use scare tactics that result in further reliance on overseas oil, fewer jobs and less opportunity for economic growth.
The latest tactic is the message that this oil will be sold on the open market and may not be used completely in the United States. That message is purposefully missing the point. The production of North American oil and renewable energy is about reducing reliance upon overseas oil. We will no longer have to rely on Saudi Arabia, Kuwait, Iraq, and Venezuela with all the other political issues that situation has created over time.
Jobs, wealth creation, reducing reliance ... might it be time for a real energy policy instead of one that changes daily based on the political winds? The Ports-to-Plains Alliance will continue to carry this message and its work to improve the backbone corridor as well as the connecting rural highways to reap the economic benefits of our rich natural resources in a safe efficient manner.
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Anadarko estimates Colorado has up to 1.5 billion barrel oil reserve
Click here for complete article > Denver Post 
An Anadarko Petroleum Corporation worker drops off a load of oil from one of the company's wells in Weld County in this March, 2010 Denver Post file photo. (RJ Sangosti, The Denver Post)
November 14, 2011
Anadarko Petroleum Corp. said today it estimates there are between 500 million and 1.5 billion barrels of oil in Colorado's Wattenberg Field in Weld County.
The estimate is based on the yields from Houston-based Anadarko's first 11 horizontal wells in the Niobrara formation, a shale and clay strata more than 6,000 feet below the surface.
The 11 wells are producing an average of 800 barrels a day, spokesman John Christiansen said…
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Front Range oil bonanza could mean billions in revenues for Colorado
Click here for complete article > Denver Post 
Large drums fill up with oil in a farmers field in Weld County in this March, 2010 Denver Post file photo. (RJ Sangosti, The Denver Post)
November 15, 2011
Colorado's Front Range is sitting on top of as much as a billion barrels of oil, which could inject $4 billion a year in revenues into Colorado's economy, according to one estimate.
Houston-based Anadarko made the oil-reserve estimate based on 11 horizontal wells it drilled in the Wattenberg Field in Weld County.
The company put the range of the reserves as equivalent to 500 million to 1.5 billion barrels of oil — about 70 percent of the production in oil, the rest in natural gas…
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Oil estimate in northern Colorado pumps up job, revenue prospects
Click here for complete article > Denver Post 
November 16, 2011
A dramatic increase in estimated oil in Colorado's northern Front Range is likely to produce at least $50 million a year in new severance taxes for budget-strapped state and local governments.
And while direct employment from new drilling won't be staggering, spinoff job creation will produce millions more in economic impact.
Anadarko Petroleum's revised estimate of huge amounts of oil in the Wattenberg Field has set the industry abuzz with projections of a new petroleum boom…
Reader Comments (2)
Very informative and it is important to every country to reserve oil energy.
Thanks for sharing this.
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