Colorado
Posted: Mon Aug 13, 2018 9:37 am
Initiative 97 will be up for a statewide vote in November. If it passes, it will be terrible news for Colorado and bad news for oil consumers because it will have an impact on U.S. oil & gas supply. The DJ Basin in NE Colorado is one of the seven top producing regions in the U.S.
Denver Post: Don’t outlaw Colorado’s energy industry.
“You’re not welcome here.” That’s the message that cities, towns, and counties across Colorado are sending to oil and natural gas companies. In response to this hostility, many oil and natural gas producers are considering leaving Colorado and taking their business to friendly, energy-rich locales like Wyoming, North Dakota, and Texas. These defections are terrible news for Coloradans. Energy producers are creating jobs and investing in communities across the state. The industry has helped bring unprecedented levels of funding to Colorado transportation and roads, K-12 education, opioid epidemic treatment programs, rural broadband access, and the state’s teetering pension program.
Complete Colorado: Initiative 97 would destroy Colorado’s oil and gas industry.
If Initiative 97 does make it onto the ballot, there’s an important fact that should be at the forefront of the debate: Colorado already has some of the toughest oil and natural gas regulations in the country. Time and again, legislation in this energy-rich state has made sure that we are strictly regulating how and where oil and natural gas are discovered, extracted and transported. Common Sense Policy Roundtable also analyzed the economic impacts and likewise predicts the end for oil and gas, and a “devastating” impact on the state economy. Colorado is one of the top 10 producers in the nation of both oil and natural gas, and employs more than 200,000 hard-working men and women across the state. Should this initiative pass, the majority of those people will likely lose their jobs.
Denver Post: Don’t outlaw Colorado’s energy industry.
“You’re not welcome here.” That’s the message that cities, towns, and counties across Colorado are sending to oil and natural gas companies. In response to this hostility, many oil and natural gas producers are considering leaving Colorado and taking their business to friendly, energy-rich locales like Wyoming, North Dakota, and Texas. These defections are terrible news for Coloradans. Energy producers are creating jobs and investing in communities across the state. The industry has helped bring unprecedented levels of funding to Colorado transportation and roads, K-12 education, opioid epidemic treatment programs, rural broadband access, and the state’s teetering pension program.
Complete Colorado: Initiative 97 would destroy Colorado’s oil and gas industry.
If Initiative 97 does make it onto the ballot, there’s an important fact that should be at the forefront of the debate: Colorado already has some of the toughest oil and natural gas regulations in the country. Time and again, legislation in this energy-rich state has made sure that we are strictly regulating how and where oil and natural gas are discovered, extracted and transported. Common Sense Policy Roundtable also analyzed the economic impacts and likewise predicts the end for oil and gas, and a “devastating” impact on the state economy. Colorado is one of the top 10 producers in the nation of both oil and natural gas, and employs more than 200,000 hard-working men and women across the state. Should this initiative pass, the majority of those people will likely lose their jobs.