Our coalition agrees with the seven principles below regarding oil and natural gas development and hydraulic fracturing, or fracking. These principles are paramount to a vibrant and successful oil and natural gas industry in Colorado.
1. Recognize Economic Benefit
The oil and gas industry is a key driver of Colorado’s economy. In 2012, the industry supported over 111,000 Colorado jobs, more than $29 billion in economic activity and almost $1.6 billion in public revenue.
2. Be A National Leader
Colorado is a recognized national leader in energy regulation. We have the most comprehensive and stringent environmental rules in the nation, including rules that require disclosure and ensure the safety and transparency of fracking.
3. Maintain History of Safety
Fracking has been safely used in Colorado for more than 60 years and more than 90 percent of all wells today are fracked. Fracking is a transformational technology, opening up more than 100-years of domestic natural gas.
4. Rely on Science, Facts & Data
Policymakers and the public should rely on science, facts and data to guide discussion, not scare tactics and hyperbole.
5. Integrate Backup Sources
Development of natural gas is indispensable to the continued expansion of wind, solar and other renewable forms of energy in the state. Because the wind doesn’t always blow and the sun doesn’t always shine, natural gas is an integral backup energy source—a cornerstone of Colorado’s “all of the above” energy policy.
6. Promote Comprehensive Regulation
Colorado should continue to regulate oil and gas development in a comprehensive, statewide manner, rather than a patchwork quilt of inconsistent regulations. A comprehensive and consistent approach to oil and gas development is the best and only way to ensure that Colorado protects our natural environment while remaining an inviting place for current and future energy investment.
7. Oppose Politicization of Energy Regulation
We oppose attempts to politicize energy regulation, enact wholesale energy bans or create regulatory chaos by repealing Colorado’s traditional statewide approach to energy regulation.
Would you rather sign a paper pledge?
Download the form and send it back to pmoore@rwolaw.com.
Or mail to:
Peter T. Moore,
Registered Agent
Robinson Waters & O’Dorisio, P.C.
1099 18th Street, Suite 2600
Denver, Colorado 80202