By Tom Burke and Ken Neubecker
Friday, April 10, 2009
GJ Sentinel Article
“The West is very rich in resources. The West is very rich in landscape beauty. As a result, the West is rich in contention.” “It’s not easy being rich.” — “What Every Westerner Should Know About Energy”
That truth, contained in a 2003 publication from the Center of the American West at the University of Colorado, has been evident since 2007, when the Legislature ordered a fresh look at rules governing oil and gas exploration and production in Colorado.
More recently, Coloradans became painfully aware of another truism — one about too many eggs in one basket — as a booming energy economy succumbed to the demons of oversupply, low prices, comparatively high production costs and lack of pipeline capacity. (Read on …)