Tagged: Oil and Gas

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5:59pm

Tue May 22, 2012
Business

Noble Energy To Invest Billions In Weld County Oil And Gas Boom

Houston based gas firm Noble Energy has formally opened its Northern Colorado Headquarters. The building signals the latest expansion amid the drilling boom taking place across the region, and another financial windfall for Weld County.

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10:05am

Tue May 22, 2012

1:26pm

Fri May 18, 2012
Energy

Pipeline Flip Turns U.S. Oil World 'Upside Down'

Originally published on Fri May 18, 2012 4:34 pm

For years, Cushing, Okla., has been on the receiving end of a 500-mile pipeline funneling oil from the Gulf of Mexico to the American heartland.

Starting this weekend, that pipeline will start moving crude in the other direction. That flow reversal could soon have implications at gas pumps around the country.

"For 40 years, crude oil flowed north," says Philip Verleger, a visiting fellow at the Peterson Institute for International Economics. "Today, oil flows south. It's as if we turned the world upside down."

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