Basin is not the cheapest place to explore/find/extract... and NO Rail.. so

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May 22, 2022
9:25:44am

relic All-American

It all has to be trucked out... BUT they are finally going to get rail to the Basin... that ought to help...

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relic

Bio page: relic
Joined: May 20, 2010
Last login: May 17, 2024
Total posts: 6,278 (1 FO)

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Messages

Author

Time

Gas prices in Colorado are substantially lower than in Utah.

Everyman

5/22/22 8:02am

There are many variables, but this might help a bit:

Mister P

5/22/22 8:09am

Basically, Colorado produces 4 times the oil and gas Utah does.

Mister P

5/22/22 8:13am

Could Utah produce more oil than what’s it doing now?

TempeCoug

5/22/22 8:16am

They could but it is really expensive to drill and truck oil in Utah

Nat Gas Man

5/22/22 8:29am

Probably. Again, a lot of variables. How many o&g basins a state has,

Mister P

5/22/22 8:30am

I know of one natural gas pipeline from the Rockies area to Texas that will

Mister P

5/22/22 8:40am

It’ll be interesting if that projects actually happens. More competition would

TempeCoug

5/22/22 11:41am

Its happening for sure.

Mister P

5/22/22 12:12pm

Gas prices are not just a function of crude production. I think Utah and Wyoming have comparable refining capacity, but

Mike Honcho

5/22/22 9:28am

Which is why I said "many variables."

Mister P

5/22/22 10:20am

Basin is not the cheapest place to explore/find/extract... and NO Rail.. so

relic

5/22/22 9:25am

Utah's state shrub is an orange pylon and they aren't cheap to grow.

Q-grr

5/22/22 8:25am

Better access to pipelines?

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