• 15 hours Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 15 hours Oil Gains Spur Growth In Canada’s Oil Cities
  • 16 hours China To Take 5% Of Rosneft’s Output In New Deal
  • 17 hours UAE Oil Giant Seeks Partnership For Possible IPO
  • 17 hours Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 18 hours VW Fails To Secure Critical Commodity For EVs
  • 19 hours Enbridge Pipeline Expansion Finally Approved
  • 20 hours Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 21 hours OPEC Oil Deal Compliance Falls To 86%
  • 2 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 2 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 2 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 2 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 2 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 2 days Aramco Says No Plans To Shelve IPO
  • 4 days Trump Passes Iran Nuclear Deal Back to Congress
  • 5 days Texas Shutters More Coal-Fired Plants
  • 5 days Oil Trading Firm Expects Unprecedented U.S. Crude Exports
  • 5 days UK’s FCA Met With Aramco Prior To Proposing Listing Rule Change
  • 5 days Chevron Quits Australian Deepwater Oil Exploration
  • 5 days Europe Braces For End Of Iran Nuclear Deal
  • 5 days Renewable Energy Startup Powering Native American Protest Camp
  • 6 days Husky Energy Set To Restart Pipeline
  • 6 days Russia, Morocco Sign String Of Energy And Military Deals
  • 6 days Norway Looks To Cut Some Of Its Generous Tax Breaks For EVs
  • 6 days China Set To Continue Crude Oil Buying Spree, IEA Says
  • 6 days India Needs Help To Boost Oil Production
  • 6 days Shell Buys One Of Europe’s Largest EV Charging Networks
  • 6 days Oil Throwback: BP Is Bringing Back The Amoco Brand
  • 6 days Libyan Oil Output Covers 25% Of 2017 Budget Needs
  • 6 days District Judge Rules Dakota Access Can Continue Operating
  • 7 days Surprise Oil Inventory Build Shocks Markets
  • 7 days France’s Biggest Listed Bank To Stop Funding Shale, Oil Sands Projects
  • 7 days Syria’s Kurds Aim To Control Oil-Rich Areas
  • 7 days Chinese Teapots Create $5B JV To Compete With State Firms
  • 7 days Oil M&A Deals Set To Rise
  • 7 days South Sudan Tightens Oil Industry Security
  • 7 days Over 1 Million Bpd Remain Offline In Gulf Of Mexico
  • 8 days Turkmenistan To Spend $93-Billion On Oil And Gas Sector
  • 8 days Indian Hydrocarbon Projects Get $300 Billion Boost Over 10 Years
James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Supreme Court Overturns Local Colorado Fracking Ban

Two Colorado municipalities have tried to ban hydraulic fracturing, but the state’s Supreme Court has had the final word, ruling that the two moratoriums on fracking were illegal.

The Colorado Supreme Court on Monday ruled that the state’s constitution offsets decisions made by local communities aimed at limiting hydraulic fracturing.

Related: Low Oil Prices? Texas Is Doing Just Fine

The Supreme Court's unanimously ruled that Longmont's ban on hydraulic fracturing and Fort Collins' five-year moratorium on fracking were illegal.

In 2012, residents of Longmont voted to ban fracking within the city limits. The following year, voters in Fort Collins approved of a five-year moratorium there.

The two cities are both north of Denver and in areas where there has been a lot of fracking—at least until the oil price crisis led to a slowdown.

Related: Why Iran’s Shale Oil Discovery Won’t Add To The Glut

It’s a sound victory for the industry, but the game is not over yet. Opponents are warning that the Supreme Court’s ruling will only lead to stepped up activism and a concerted effort to place anti-fracking measures on the state ballot in November, for which they only need 100,000 signatures by August.

If it gets on the ballot, it could upset the balance of power here, giving more to municipalities to deal with fracking.

Colorado is but one state caught up in legal battles over fracking. Authorities in Vermont and New York have banned fracking.

Related: Why China Is Really Dictating the Oil Supply Glut

In November 2014, the city of Denton, Texas, voted overwhelmingly to ban fracking, and the drilling stopped immediately. Lawsuits followed and the fracking ban was repealed only a month later.

Proponents of fracking argue that the banks would severely disrupt the state’s economy.

By James Burgess of Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News