Grab your boots Houston! BP is relocating to Denver while claiming that city will become the new globa energy center (Dallas: sales, 2015)

[Jack Lance]

Originally Posted by Dallas retail updater

When was the last time you heard of an energy company relocating away from Houston? Devon relocating wasn't the norm. If it happens again, I will bump this thread and we will talk about it. In other words, having more energy companies decentralize away from Houston in this new energy market is a real possibility. Take care.

In other words you didn't hear or read any such claim by anybody at BP or elsewhere and this thread was just a way for you to rouse some controversy and get some kicks !


No company or industry is ever bound to any City or location so there has always been the possibility for change in any industry. We already knew that. Have a nice day !

[Mr. Clutch]

Originally Posted by Dallas retail updater

When was the last time you heard of an energy company relocating away from Houston? Devon relocating wasn't the norm. If it happens again, I will bump this thread and we will talk about it. In other words, having more energy companies decentralize away from Houston in this new energy market is a real possibility. Take care.

LOL. Might want to stick to retail. Energy companies leave Houston and consolidate in Houston all the time.

This is no big deal whatsoever, just like Exxon moving corporate from Irving would be no big deal. But you can keep wishing!

[Texas Ag 93]

Originally Posted by Sunderpig2

Let BP look like fools if they want. Denver will never be a global center energy. They've got software and banking and a few other things, but nothing really important.

The big losers are any poor souls who give up Houston for Denver to keep their jobs. Denver is overpriced, overhyped, filled with cold snooty people, and has no real depth or culture. It's also ridiculously cold much of the year. Denverites think they're God's gifts to humanity. They're also fake and superficial. Coloradans like to bash Texas and Texans too, so I have no respect for them. I can virtually guarantee that many or most of the those that move will end up hating both that city and BP. I've lived near Denver the past few years, and it has nothing on Houston. No, this isn't anything to get wowed about.

I know you get frustrated by the overall negative views of Texas on C-D. I do as well. My approach has just been to avoid engaging other posters in those threads (usually, anyway). However, I think you are overstating the negatives of Denver. I think it's a great city, and most people who relocate there are very happy with it. I know we were. It's a regional center because of all the Federal presence (a major factor in its economy that we should have mentioned previously) and yes, it's always been a center for energy development long before oil was discovered through mining. Don't disagree with your observation that Denver is probably a bit overhyped, but to a much lesser extent than you do.

Originally Posted by Jack Lance

In other words you didn't hear or read any such claim by anybody at BP or elsewhere and this thread was just a way for you to rouse some controversy and get some kicks !

I first heard this news in the car listening to Houston Public Radio and if you google it, there are several links to articles that paraphrase David Lawler, the CEO of BP Lower 48, saying the reason for the move is to be closer to their Rocky Mountain assets and their potential for Natural Gas production. That, and the pipeline of expertise from the two highly rated nearby Universities (UC Boulder and Colorado School of Mines). Do you feel those reports are not credible enough in your book? Are you looking for a direct quote from BP? Just curious.

[Jack Lance]

Originally Posted by Texas Ag 93

I first heard this news in the car listening to Houston Public Radio and if you google it, there are several links to articles that paraphrase David Lawler, the CEO of BP Lower 48, saying the reason for the move is to be closer to their Rocky Mountain assets and their potential for Natural Gas production. That, and the pipeline of expertise from the two highly rated nearby Universities (UC Boulder and Colorado School of Mines). Do you feel those reports are not credible enough in your book? Are you looking for a direct quote from BP? Just curious.

In a previous post (post #11 of this thread) I stated very clearly that BP executives did describe Denver as a "emerging energy hub" and yes I read the list of reasons for the move that you point out. I understand there are countless links to that story. The OP claims that BP stated that Denver will become the "New global energy center", implying that Denver will surpass Houston as the preeminent Global energy center. No such statement was ever made by BP or anybody else except the OP, the OP refused to provide a link or any other source (not even the name of the TV station) because IMHO no such declaration was ever made and the OP was just being sensational , some might even say this is "fake news" .

[detachable arm]

Dallas retail = Yellow pool of piddle

That said, if all oil & gas left Houston, according to This forum it would not be a big deal because the economy is diversified. Oh yeah and housing is always booming. Always.

[Texas Ag 93]

Originally Posted by Jack Lance

In a previous post (post #11 of this thread) I stated very clearly that BP executives did describe Denver as a "emerging energy hub" and yes I read the list of reasons for the move that you point out. I understand there are countless links to that story. The OP claims that BP stated that Denver will become the "New global energy center", implying that Denver will surpass Houston as the preeminent Global energy center. No such statement was ever made by BP or anybody else except the OP, the OP refused to provide a link or any other source (not even the name of the TV station) because IMHO no such declaration was ever made and the OP was just being sensational , some might even say he/she may be a troll.

Fair enough. But, Denver as emerging energy hub is more than plausible. Surpassing Houston? No. For myriad reasons, including the previous statement someone made about shipping.

As far as who the OP is and his/her motivations, I try and separate the messenger from the message. Sometimes it's easier to do than others. I generally agree with you and others that this is probably nothing more than the usual strategic revisions and realignments that occur at all times in all industries.

[Jack Lance]

Originally Posted by Texas Ag 93

Fair enough. But, Denver as emerging energy hub is more than plausible. Surpassing Houston? No. For myriad reasons, including the previous statement someone made about shipping.

As far as who the OP is and his/her motivations, I try and separate the messenger from the message. Sometimes it's easier to do than others. I generally agree with you and others that this is probably nothing more than the usual strategic revisions and realignments that occur at all times in all industries.

Yes there are several emerging energy hubs, places like North Dakota and even Philadelphia can be described as "emerging energy hubs". Every industry has their outpost, Austin has been a emerging tech hub for quite some time, but will probably never surpass Silicon Valley as "the global tech center" same can be said of finance and any other sector of the economy.

[shanv3]

I was excited and started looking for homes in Denver straightaway with the following parameters in zillow;

Min Sq ft - 2500
Min Lot - 7500
Built year - any
PRice - upto 300k
Within 18 miles of city center.

All I could find were comparable to the homes in Texas city.

Either Houston is cheap affordable or Denver is overpriced.

And the OP could help BP by predicting when they will clean up that spill or return to profitability.

[Dopo]

Is one division of one company .... stop talking about Armageddon
My company has so many divisions in Houston that it would take me all day long to drive to all of them just ringing the bell on their door.

[tstone]

Originally Posted by shanv3

I was excited and started looking for homes in Denver straightaway with the following parameters in zillow;

Min Sq ft - 2500
Min Lot - 7500
Built year - any
PRice - upto 300k
Within 18 miles of city center.

All I could find were comparable to the homes in Texas city.

Either Houston is cheap affordable or Denver is overpriced.

Yeah but how do taxes and insurance compare? Those are two big things that keep home values down here. Even compared to Central Texas a house with a significantly higher value would cost the same monthly. Creative financing seems to have made a comeback as well.