Skip to content
Subscriber Only

Tougher Drilling Rules Can’t Stop Colorado’s Oil Bonanza

  • Crude production in the state hit a record last year
  • State tightened oil and gas drilling rules in March 2019
Natural Gas Rises From Three-Week Low on U.S. Supply Outlook

Photographer: George Frey/Bloomberg

Colorado explorers pumped the most crude on record last year even after the state tightened restrictions on oil and gas drilling.

The boost came despite a steep decline in drilling applications following an overhaul of the state’s energy laws last March. The new rules strengthened environmental standards around fracking and gave local communities more control over regulation, a move that essentially rendered some acreage off limits for development.