Monday, February 1, 2010

Journal Assignment #2

I'm going to explore the reasons why the natural gas fields of the Western Slope of Colorado began diminishing in 2009. Some explanations maybe the downfall of the economy, recent tax increases, or political struggles. I'm going to consult many experts on the subject including state senate minority leader Josh Penry. Some of the people and organizations I'm going to consult with is Colorado Oil and Gas Association, Tisha Conoly Schuller, president of Colorado oil gas associaton. I'm also going also consult with Don Littleton he is the Landman specializing in negotation business and legal agreement for minerals, and also the energy policy act of 2005.

My hope is to gather research from a variety of business, economic, legal, and political resources.
I lived in Grand Junction, CO for 19 years, and I saw the positive effects on the economy. I did see the negative effects also while I worked out there. Such as meth use, and some negative effects on the environment. But the environment will be back to the way it once was in a few years compared to how much natural gas was coming out of the town. There were laws in putting the natural environment the way it once was before drilling. Like on March 5th 2009 when 300 employees got laid off just that day. So it leaves a feeling of like it was in the 80's.

So concluding what is to blame in the recent deflation? If the economy in this country is struggling then why not drill and create more jobs. If it is about the environment then why is that not said in all the news articles? These are the questions and issues I intend to research and find out. And hopefully in the end draw some kind of conclusion, and maybe determine that I might be wrong and there could be serious reasons for drilling.

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