Dad joke of the day, word of the day, Mandy's trivia question of the day & jeopardy! It's OF THE DAY! Today's opponent: Benjamin Allbright and Nick Ferguson.
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ERIE HAD A MINERAL DEAL. UNTIL THE CITIZENS SAID WAIT. For two years the town of Erie has been working to create a mineral deal with SM Energy, who have what is called the Draco pad. The Draco pad sits next to the town of Erie and SM Energy wanted to buy several plots of mineral rights that run under the town so they could use horizontal drilling to extract the oil and gas there. For two years they negotiated a deal that would have been very lucrative for Erie and it seemed a couple of weeks ago they had it. Here is what is in the deal:
Cash & Revenue: $4.5 million upfront plus 3% production royalties over the life of the project (estimated over $21 million total).
Land Transfers: Three parcels totaling roughly 160 acres along County Line Road transferred to the town.
Well Mitigation: SM Energy agrees to plug and abandon 17 additional old or orphaned wells.
Site Access: Town staff receive rights to perform routine safety inspections on the Draco well pad.
Legal Context: Under Colorado law (SB 24-185), developers cannot force-pool municipal mineral rights, giving Erie leverage—which the council ultimately chose to trade for financial and land compensation rather than forcing the developer to route around town-owned strata.
But not so fast. SM Energy has cancelled the deal after the citizens of Erie decided to put it on the ballot. I’ve got Mayor Pro Tem Brandon Bell on to talk about it at 1.
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MORE ON THE ALLEGED GRASSROOTS MOVEMENT TO UP OUR INCOME TAXES I’ve got CompleteColorado.com’s Mike Krause at 12:30 to talk about who paid to collect signatures to create a graduated income tax. We already know a huge chunk of it was laundered taxpayer dollars. Read more here.
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This episode of the podcast is a wake-up call for Americans, as the host delves into the country's alarming debt crisis and the consequences of inaction. With the national debt doubling in just ten years, from $20 trillion to $40 trillion, the host argues that the situation is dire and requires immediate attention. The guest, JD Hayworth, a former congressman and current advocate for the Pharmaceutical Reform Alliance, joins the conversation to discuss the need for "most favored nation" status for the US when it comes to drug prices.
The host and JD Hayworth discuss the shocking differences in drug prices between the US and other countries, with Americans paying an average of $936 per month for certain medications, compared to $147 in Canada and $93 in the UK. They also explore the potential savings of $600 billion over the next decade if the US were to adopt most favored nation status. The conversation highlights the urgent need for reform and the importance of putting American interests first.
Meanwhile, the host also touches on other pressing issues, including the rise of bears in Colorado, the importance of education, and the need for accountability in government. The episode is a thought-provoking and informative discussion that will leave listeners questioning the status quo and considering the future of the country.
The Rex Run for Pawsitivity is Sept 5th and has something for the whole family. If you’ve got a pup with law enforcement dreams, at RexRun you can fulfill their very dream. They have a package complete with a badge, personalized certificate and live swearing in ceremony with Arapahoe County Sheriff Tyler S. Brown! There is also a 5k trail run or walk and so much more. Find the details here, and Sheriff’s Deputy Jon Gray will be in with Rex today at 2:30.
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Dad joke of the day, word of the day, Mandy's trivia question of the day & jeopardy! It's OF THE DAY! Today's opponent: Chad Bowar.
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IF YOUR PUP DREAMS OF BEING PART OF PAW PATROL You can have him or her sworn in at a super cool event to support police K9s. The Rex Run for Pawsitivity is Sept 5th and has something for the whole family. If you’ve got a pup with law enforcement dreams, at RexRun you can fulfill their very dream. They have a package complete with a badge, personalized certificate and live swearing in ceremony with Arapahoe County Sheriff Tyler S. Brown! There is also a 5k trail run or walk and so much more. Find the details here, and Sheriff’s Deputy Jon Gray will be in with Rex today at 2:30.
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YES, THE COST OF DRUGS IS TOO DAMN HIGH And the Pharmaceutical Reform Alliance is pushing to get the US on Most Favored Nation status to bring drug costs down. When you see the difference in the price of drugs around the world and in the US, you immediately understand that we are subsidizing drug costs for the rest of the world. Former Congressman JD Hayworth joins me at 1 to discuss what it will take to get the US listed for MFN status that would dramatically reduce prices immediately. Look at the numbers here, your head will explode as mine did.
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See omnystudio.com/listener for privacy information.
See omnystudio.com/listener for privacy information.