bag of money

Stiffer Fines Push Oil Companies to Avoid Careless Mistakes

If you want to get someone’s attention, raise the price. We’re not sure where that came from but it is certainly the case here in Colorado. Companies in the oil & gas industry have for the past two years, faced higher penalties for violations of the state’s health, safety and the environment rules. Now, it looks like that has their attention. Since a state law requiring violations be tagged with substantially higher fines went into effect in 2014, companies are  doing a better job policing themselves, says the head of the oil & gas commission.