Weld County and many of its communities are enjoying a windfall thanks to the oil-and-gas boom over the last couple years. KUNC’s Erin O’Toole talks with Jeff Nuttall, publisher of the Northern Colorado Business Report, about some of the impacts from the boom.
Northeastern Colorado is fast becoming the site of one of the country’s next big oil booms as new technologies surrounding hydraulic fracturing are allowing companies to get a piece of the Niobrara Shale. Previously deemed too expensive to drill, the Niobrara formation that extends from beneath Denver all the way to western Nebraska is thought to hold more than a billion barrels of oil. The only trouble is much of the land atop it is home to one of the country’s fastest growing regions.
Boeing announced a surprise deal with its machinists' union yesterday. It tentatively extends the workers' contract for four years. The company also promises to build a new version of its popular 737 in union-friendly Washington State.
From Seattle, NPR's Martin Kaste reports.
MARTIN KASTE, BYLINE: The International Association of Machinists also got pay raises and more pension benefits. Local president Tom Wroblewski calls it a new day.