Western Energy News

Colorado shale play less appealing for investors

OIL AND GAS:  Even as energy prices soar, investors are shying away from a Colorado shale play because of impending new state regulations in the wake of a pair of deadly explosions. (Bloomberg)

ALSO:
• Colorado regulators are considering increasing a tax on production to help stave off a $4 million shortfall. (Grand Junction Sentinel)
• Environmentalists and the Navajo Nation work together in Arizona to assess the impact of emissions from oil and natural gas sites by using infrared equipment. (Farmington Daily Times)

ELECTRIC VEHICLES:
• Recent plans released by the governors of California and Colorado show that some states are serious about electric cars as climate change concerns increase and some federal incentives for automakers run out. (Ars Technica)
• Officials with Colorado Springs’ public transit system say they will use funds provided through Colorado’s electric vehicle plan to replace some of the city’s buses with electric or alternative fuel vehicles. (Colorado Springs Gazette)
• The first Tesla Model 3 cars arrive in Arizona showrooms, giving some eager drivers their first look at the electric cars. (Arizona Republic)

UTILITIES: Texas regulators consider asking a Houston-based utility to examine its rates in the wake of Hurricane Harvey and the corporate tax cut. (Houston Chronicle)

NUCLEAR: Nevada lawmakers issue a new report detailing concerns they have about a federal plan to expedite the licensing of Yucca Mountain to store nuclear waste from power plants around the country. (Las Vegas Review-Journal)

UTILITIES: Nevada’s top electric providers donated hundreds of thousands of dollars in campaign contributions in late 2017, just months before voters are set to decide whether to derregulate the electric market, a new analysis shows. (Nevada Independent)

SOLAR: A Nevada elementary school has managed to save enough money from using solar energy to purchase 34 new computers. (Associated Press)

WIND: Southern Arizona’s only wind farm is under federal investigation for its role in the death of an endangered bat and golden eagle. (Arizona Daily Star)

COMMENTARY:
• Solar energy is still a good investment, says the head of a Utah industry group. (Deseret News)
• The former New Mexico land commissioner says the governor is wrong to support the rollback of methane rules for the oil and gas industry. (Albuquerque Journal)
• Utah shouldn’t be a dumping ground for other states’ waste from coal-fired power plants, the leaders of two state environmental groups say. (Salt Lake Tribune)

Comments are closed.