Word: naturale
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Shortly after the 6 a.m. shift change, drilling crews start pouring into the Base Camp Café in Rifle, Colo. Business has been booming at the diner for much of the past few years as rising energy prices have increased exploration activity at the nearby natural-gas-rich Piceance Basin...
Across the country, energy companies are quickly cutting their exploration efforts. On Tuesday, oil fell to $46.85 a bbl., its lowest price in 3 1/2 years, down significantly from the $140 it traded for this past July. Natural-gas prices are well off highs too. And that is causing energy...
In some places, like northwestern Colorado and Montana, exploration could drop as much as 40% in the next few months. Experts say the resultant drop in oil and natural-gas supplies could cause energy prices to spike sometime next year, further slowing the nation's economic recovery. Last month the...
Few places seem to be hit as hard as northwestern Colorado. New drilling technology and rising energy prices caused exploration to flourish in the region in the past few years. The Piceance Basin alone drew dozens of exploration firms, including large companies like Chevron. Now those firms are pulling back...
Ideally, Saturday would have been the day that the Harvard men’s soccer team celebrated a victory in the third round of the NCAA Tournament and began its preparations for No. 1 University of Wake Forest in the quarterfinals.But No. 8 University of South Florida had other ideas...