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Colorado's oil and gas slump is fallout from global game of 'chicken,' says exec

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The budget cuts, layoffs and office closures that have spread across Colorado’s oil and gas fields in recent months are the “collateral damage” in an international game of chicken involving the biggest energy producers on the planet, John Harpole, founder and owner of Mercator Energy LLC, told attendees at the Colorado Energy Expo on Wednesday. And while oil prices have risen a bit in the last few weeks, Harpole said he doesn’t expect oil prices to return to the $80 per barrel for three…

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