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The next ten years in the Rockies; oil and gas prices, technology, and politics

Rutt Bridges
The next ten years in the Rockies; oil and gas prices, technology, and politics (in The lower 48, Rick Miller (prefacer) and Steve Hill (prefacer))
Leading Edge (Tulsa, OK) (February 2007) 26 (2): 172-175

Abstract

Domestic shortages of natural gas and worldwide petroleum-supply problems have created an energy boom in the United States Rocky Mountain region. How sustainable are these prices? Is this temporary or a new reality? We will explore some of the local and global drivers behind this change to try to evaluate the sustainability of today's prices over the medium term. How might alternative energy impact the economics of oil and gas prices and energy development? What are the risks, the opportunities, and what can we learn from the past? The difficulty of finding and producing gas in the Rockies traditionally favored the majors, but the rapid dissemination of world-class technology on inexpensive personal computers and availability of cost-effective operational innovations may alter the game. And finally, how will this be affected by politics, from the Middle East to Colorado's Western Slope? Ranchers vote, and rigs don't. Rethinking relationships with surface owners and local communities may be both necessary and financially smart as we seek to develop the resources of the Rocky Mountain West. This paper examines global as well as local impacts on energy prices and energy development in the United States.


ISSN: 1070-485X
EISSN: 1938-3789
Serial Title: Leading Edge (Tulsa, OK)
Serial Volume: 26
Serial Issue: 2
Title: The next ten years in the Rockies; oil and gas prices, technology, and politics
Title: The lower 48
Author(s): Bridges, Rutt
Author(s): Miller, Rickprefacer
Author(s): Hill, Steveprefacer
Affiliation: Transform Software and Services, Denver. CO, United States
Affiliation: Consultant, Lawrence, KS, United States
Pages: 172-175
Published: 200702
Text Language: English
Publisher: Society of Exploration Geophysicists, Tulsa, OK, United States
Accession Number: 2007-035792
Categories: Economic geology, geology of energy sources
Document Type: Serial
Bibliographic Level: Analytic
Illustration Description: illus.
Secondary Affiliation: Colorado School of Mines, USA, United States
Country of Publication: United States
Secondary Affiliation: GeoRef, Copyright 2017, American Geosciences Institute. Reference includes data from GeoScienceWorld, Alexandria, VA, United States. Reference includes data supplied by Society of Exploration Geophysicists, Tulsa, OK, United States
Update Code: 200719
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