Oil and gas operators fill funding shortfall for study
Two local oil and gas operators recently stepped forward to fill a funding shortfall in a three-year air emissions study in Garfield County.
Caerus Oil and Gas and Laramie Energy agreed to cover $66,000 of the total $700,000 pledged by the industry to help pay for the study, which analyzes air emissions data from natural gas operations.
Colorado State University is conducting the study, whose largest single financial backer is Garfield County with $1 million invested in the research. Jeff Collett, head of the CSU Atmospheric Science Department, wrote in a March 22 letter to stakeholders that the team has worked diligently to complete the study with a budget well short of the originally desired $1.7 million — with an additional $100,000 hoped for from industry.
However, “the recent loss of a ($66,000) commitment jeopardizes the final, critical phase of the study,“ Collett wrote.
The study is in its final stages and researchers expect to provide results this summer.
Speaking before the county commissioners Monday morning, David Ludlam, Western Slope Colorado Oil & Gas Association executive director, pointed out that raising any amount of money in the current climate is a challenge.
Despite the current difficulties, news of the funding shortfall sparked concern from industry stakeholders, who view the study as crucial to understanding the impact of oil and gas activities in relation to air quality, Ludlam said.
“And we do not want to see any kind of a shortfall, large or small, do anything to impeded progress on this study,” he stated.
Support Local Journalism
Support Local Journalism
Readers around Glenwood Springs and Garfield County make the Post Independent’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.
Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.
Each donation will be used exclusively for the development and creation of increased news coverage.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User
The Rifle mother accused of causing her child’s methamphetamine overdose death pleaded guilty Thursday to second-degree murder.