Cryptids and Conspiracies: Episode 38: Is Blucifer Satanic?

Standing in the median of the road that leads out to Denver International Airport (Another story for another time!) There is a 32 foot tall 9000 lb statue of a pawing Mustang called Blue Stallion in all of its anatomically correct glory with glowing red eyes! It's unsettling appearance lends it to another nickname though, Blucifer. Disturbing, yes, creepy, definitely! But is it Satanic?
Is the truth in the middle?