Oil & Gas Update with Lynn Granger, API Colorado - Uptime Logistics

The price of oil & gas (both natural gas and gasoline) have been noticably increasing. External economic factors are playing the primary role in setting the prices of these commodities on the open global market. Locally though, we all still have some opportunies for positive influence as Doug Draper of ACME Distribution learns in today’s insightful discussion with Lynn Granger, Executive Director of API Colorado. In order to help consumers at the pump each day, individuals, businesses, and entire communities can support the good work being done through innovation, sustainable production practices, and stable regulatory environments.

Here in Colorado, in fact, we have been able to quadruple production through technology, while simultaneously reducing our emissions by 50% - which is incredible. I’m so proud of our industry, because a lot of folks want to talk about climate change and reducing emissions. Those things are very important - our industry is at the table. And it’s not just words, it’s actions.

Historically, our operators here in the state are able to plug vertical wells and replace them with horizontal wells with hydraulic fracturing that then reduce the footprint of the operations. And so you could go from 100 vertical wells now to maybe 15 or 20 horizontal wells, which is a huge benefit for both emissions and footprint of operations.

 

Learn more about API at
https://www.api.org
https://www.linkedin.com/company/americanpetroleuminstitute

Follow API Colorado to stay up to date:
https://twitter.com/API_Colorado

 

https://youtu.be/e12ZzHKBHEs

https://www.caplogistics.com/uptime-logistics-blog/2022/6/8/api-colorado-lynn-granger-gas-prices-and-policies