“The Denver-Julesburg Basin is a huge oil basin insofar as Colorado is concerned. And most of the oil is right here in Greeley and Weld County. Greeley and Weld County are making big money from, I’m assuming, royalty payments. But also the boost in employment is amazing, and it has meant that many people are moving here and spending money in Greeley. It’s definitely financially an amazing deal for the city and the county, so their perspective is “how could we turn it down?”.
This mentality is probably why I am not aware of any time that either Greeley or the Colorado Oil and Gas Conservation Commission turned down a permit for an oil well.”