Fracking Revenue Plunging in Western States

Shortly after his election in 2009, President Obama famously said that elections have consequences. Unfortunately for citizens of Western states like Colorado and Wyoming, they in particular may suffer the most from Joe Biden’s potential victory. There has been a lot of speculation around Biden’s potential fracking policy, and for good reason. On the campaign trail, Biden was inconsistent in his calls for an outright ban on fracking, a ban on federal lands, or none at all. But, one thing is very clear – the subsequent consequences of his decision will be severe. Forbes reports: Federal revenues coming into the states…

Proposed Colorado Rule Will Have Significant Economic Impact

Recently the Colorado Oil and Gas Conservation Commission (COGCC), proposed setback restrictions on energy development in environmental areas. The proposed rule could cost the energy sector thousands of jobs and take hundreds of millions out of the state economy. A  report done by the Common Sense Institute (CSI) shows how devastating the new rule will be for the future of Colorado. “If the setbacks are implemented, the think tank estimates an average of 85,000 to 110,000 jobs would have been lost over the first 10 years, along with $7 billion to $9 billion in cumulative tax revenue.” And the losses would…

Election Countdown: Colorado’s 4th Congressional Race

Race: Colorado’s 4th Congressional District Key Cities: Greeley, Longmont, Castle Rock Matchup: Republican Ken Buck and Democrat Isaac McCorkle. The Race: The race for Eastern Colorado places Incumbent/Republican Ken Buck against Democrat Isaac McCorkle. The two candidates faced off in a debate on October 16 where energy, particularly the Green New Deal, were hotly discussed according to Colorado Public Radio: “When it came to the Green New Deal, in a district that is reliant on oil and gas jobs, McCorkle offered his support, while Buck did not. The Green New Deal is a Congressional proposal to address climate change and…

Election Countdown: Colorado’s 3rd Congressional Race

Race: Colorado’s 3rd Congressional District Key Cities: Pueblo, Grand Junction, Durango Matchup: Republican Lauren Boebert and Diane Mitsch Bush. The Race: The fight for Western Colorado will deliver a new member of Congress in 2020. Republicans nominee Lauren Boebert defeated current incumbent Scott Tipton in the primary. Considered a seat that leans Republican, Diane Mitsch Bush is repeating as the Democratic nominee after losing to Tipton 51.5% to 43.6% in 2018. Energy plays a critical role in the district as the Denver Gazette pointed it out in their endorsement of Boebert: “A retired sociology professor and far-left Democrat, Mitsch Bush…

Congressman Jeff Duncan Fights to Save the Oil and Gas Industry’s Fracking Capabilities

This week, the U.S. House Rules Committee met to formulate a rule on the sweeping clean energy package pushed by Democrats. H.R.4447 is a measure being brought to a floor vote that Democrats argue is their response to fighting climate change. At least 100 amendments were proposed. and one by Republican Rep. Jeff Duncan (R-SC) is fighting to preserve the oil and gas industry’s fracking method. Oklahoma Energy Today reports: In July, Rep. Duncan introduced his Protecting American Energy Production Act or H.R. 7400. “There has been an aggressive push by left-wing environmentalists to ban hydraulic fracturing or “fracking.” Instead…

Green New Deal Policies Will Hurt the Colorado Oil and Gas Sector and the 232,900 Jobs It Supports

The eco-left with its never-ending crusade against the oil and gas industry is once again trying to force its radical policies on Coloradans. Having failed time and time again to gain perimeter setbacks for oil and gas drilling and removal of local control, you’d think these environmentalists would have thrown in the towel. Luckily, state residents voted against these de facto energy bans three times in the past 6 years and have proven they will not budge to support job-killing initiatives against the oil and gas industry that is so rich and prominent in the state. Congressman Ken Buck, serving…

A Fracking Ban Would Cost Colorado

The American Petroleum Institute (API) is a trade association that represents all segments of America’s oil and natural gas industry. Its more than 600 members produce, process, and distribute most of the nation’s energy. The natural gas and oil industry supports 10.9 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. This weekend, API’s President and CEO, Mike Sommers, visited Colorado. As World Pipelines reports: “Colorado’s natural gas and oil industry is a pillar of the state’s economy and plays a central role in the broader American energy revolution,” Sommers said. “Our industry supports over 232,900…

More Empty Rhetoric

A couple weeks ago, Colorado Governor Jared Polis (D) delivered his State of the State address. But, before he could begin, he was interrupted by climate change activists and anti-frackers. The Colorado State Patrol and Denver Police had to intervene to put an end to the disruption. And what did this demonstration accomplish? Nothing. Just more protesting for the sake of protesting. As Complete Colorado reports: Governor Polis and Democrat legislators, who hold a ruling majority in both houses, are already committed to aggressive fossil fuel restrictions. The protestors didn’t win any friends at the Capitol or change any minds….

Colorado Seems to Get the Picture – “Colorado Rising” Doesn’t

Despite the resounding defeat of Proposition 112 in 2018, which would have created major setbacks for new oil and gas wells, Colorado Rising, the group behind the failed ballot proposition, has recently filed six potential ballot measures with the Colorado Secretary of State. This latest proposal retains many of the concerning policies that would negatively impact Colorado’s economy. BizWest writes: As Dan Haley, president and CEO of the Colorado Oil & Gas Association, told the Colorado Independent, “It’s déjà vu all over again.” BizWest is just one of five Colorado outlets that have published articles this week about the absurdity…