Business http://aspenpublicradio.org en Bringing CitiBank to Justice http://aspenpublicradio.org/post/bringing-citibank-justice <p>Reaction continues to come in to Monday’s massive 7 billion dollar settlement between Citigroup and the US Justice Department over misconduct that contributed to the great recession of 2008. Citigroup will pay four billion dollars in fines plus 2.5 billion for what’s called consumer relief. &nbsp;</p><p>The US Attorney for the District of Colorado, John Walsh played a major role in the sleuthing of Citi’s wrongdoing. &nbsp;He spoke from his office in Denver with APR’s Roger Adams.</p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p> Wed, 16 Jul 2014 17:32:47 +0000 Roger Adams 21646 at http://aspenpublicradio.org Bringing CitiBank to Justice Wastewater Wells from Drilling Can Cause Earthquakes http://aspenpublicradio.org/post/wastewater-wells-drilling-can-cause-earthquakes <p></p><p style="margin:0in;margin-bottom:.0001pt"><o:p></o:p></p><p><span style="font-size: 11.5pt; font-family: Arial, sans-serif;">Drilling for oil and gas brings up a lot of water. If operators don’t reuse it for something else, they often pump it back down into the ground. The water goes down in what are called &nbsp;injection wells-- <a href="http://www.sciencemag.org/content/345/6192/13.summary" target="_blank">and new research shows they can definitely cause earthquakes</a>, <a href="http://newsok.com/earthquakes#.U719ho1dW3k" target="_blank">at least in Oklahoma</a>. Geology Professor </span><span style="line-height: 1.5; white-space: pre-wrap;"><span style="font-size: 11.5pt; font-family: Arial, sans-serif; color: rgb(34, 34, 34); background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Shemin Ge </span>is <span style="font-size: 11.5pt; font-family: Arial, sans-serif;">with the University of Colorado at Boulder. She worked on the study, and spoke with APR’s Elise Thatcher. Ge says it took different kinds of scientists working together to figure out what’s going on.</span></span></p><p> Wed, 09 Jul 2014 21:41:04 +0000 Elise Thatcher 21303 at http://aspenpublicradio.org Wastewater Wells from Drilling Can Cause Earthquakes Seeing Drilling, Fracking Up Close http://aspenpublicradio.org/post/seeing-drilling-fracking-close <p class="p1">The word “fracking” has come to mean drilling in general for oil and gas-- and a major concern for communities and environmentalists in Colorado and elsewhere.In reality the process of hydraulic fracturing is a specialized procedure used to create cracks in shale deposits thousands of feet underground which in turn releases trapped natural gas. &nbsp;There are hundreds of fracked wells in Garfield County. Often you can see them from the highway. &nbsp;Recently Aspen Public Radio got a tour of a fracking operation run by WPX Energy near Parachute. &nbsp;Hear the story by APR's Elise Thatcher below. &nbsp;See a slideshow of photographs of the rig by APR's Roger Adams <a href="http://aspenpublicradio.org/post/frackers-0" target="_blank">HERE.</a></p><p> Tue, 08 Jul 2014 12:36:16 +0000 Elise Thatcher 21198 at http://aspenpublicradio.org Seeing Drilling, Fracking Up Close Western Slope Representatives Testify On New Air Regulations http://aspenpublicradio.org/post/western-slope-representatives-testify-new-air-regulations <p dir="ltr" style="line-height:1.15;margin-top:0pt;margin-bottom:0pt;"><span style="line-height: 1.5; font-family: Arial, sans-serif;">&nbsp; Oil and gas operators must have equipment to catch and cut down on methane leaks.</span><span style="font-size: 11.5pt; font-family: Arial, sans-serif;"><a href="http://www.colorado.gov/cs/Satellite?blobcol=urldata&amp;blobheadername1=Content-Disposition&amp;blobheadername2=Content-Type&amp;blobheadervalue1=inline%3B+filename%3D%22Regulation+Numbers+3%2C+6+%26+7+-+Unofficial+Draft.pdf%22&amp;blobheadervalue2=application%2Fpdf&amp;blobkey=id&amp;blobtabl Mon, 24 Feb 2014 12:00:00 +0000 Elise Thatcher 14696 at http://aspenpublicradio.org Western Slope Representatives Testify On New Air Regulations Money Savvy Women http://aspenpublicradio.org/post/money-savvy-women <p>Women control just over one half of all wealth in the United States. By the end of this decade it projected women will control two thirds of this country’s wealth.&nbsp; This shift will likely reshape the financial industry as women increasingly seek financial advisors who understand their attitudes toward money.&nbsp; Men and women see money differently. Aspen Public Radio's Roger Adams explains.</p><p><span style="line-height: 1.5;">“Men will be more about making a rate of return; women are more on the relationship side.”</span></p><p><span style="line-height: 1.5;">Danielle Howard has spent 21 years in the financial industry and now owns Wealth By Design, a small financial firm in Basalt.&nbsp; She is one of a growing number of money advisors who are focusing on women clients and recognizing how women approach the subjects of investment, income and financial security.</span></p><p></p><p> Wed, 19 Feb 2014 12:27:21 +0000 Roger Adams 14488 at http://aspenpublicradio.org Money Savvy Women