Oil and gas news colorado

Denver Oil & gas News

oil and gas news colorado

Colorado Gov. Jared Polis signs local control oil and gas bill

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Special to The Colorado Sun. The audience histrionics are but a sign of the deep divide over the role of the oil and gas industry in Colorado and what local control means under Senate Bill titled the Protect Public Welfare Oil and Gas Operations Act. The law requires a host of new rules at the state level for things such as air emissions and assessing cumulative impacts of oil and gas projects, and at the same time local governments are moving ahead with their own rules. It did not come, however, without noisy demands from protesters to halt all permitting until the new rules are made. On the local level, Boulder and Weld counties may be at the extremes.

Opponents say it will harm an industry that employs tens of thousands in the state and pumps billions into the economy. Senate Bill , which took effect immediately, changes the Colorado Oil and Gas Conservation Commission, replacing two industry experts with one environmental specialist and an expert on public health. Local governments now can weigh in on new oil and gas activity in their communities. Opponents say that will dramatically cut such development and its tax revenues, which support rural schools. Residents will be heard, and clearly health and safety will come first, including worker safety on the sites. Continue reading story at The Gazette. DENVER Colorado lawmakers gave final approval Wednesday to a measure that would dramatically change the way the state regulates its booming oil and gas industry, shifting the focus to protecting public health instead of encouraging production.

It really has to do with supply and demand. But many in the room felt that emphasizing market forces over the effects of new regulations on energy extraction brought about by Senate Bill was disingenuous on the part of the governor. John Cooke, who represents Weld County. The Democratic governor spoke at the 31st Energy Summit, put on by COGA, where last year as a gubernatorial candidate he was loudly heckled by three anti-fracking activists for not being tough enough on the industry. On Wednesday, he held up SB as a stark contrast to Proposition , a ballot measure that went before voters last fall that would have dramatically increased setbacks for new oil and gas wells in the state. Polis opposed Prop.

The Colorado Sun johnfrank coloradosun. Special to The Colorado Sun. And Gov. Join now or upgrade your membership. The legislation to allow tougher rules and even temporary bans on drilling is creating instability in the energy market , according to oil and gas executives and analysts, but Polis rejects that idea. The industry pushed back against the legislation , and ultimately won substantive changes to lessen its adverse effects on drilling operations, but much remains unknown as the Colorado Oil and Gas Conservation Commission writes the new rules. MORE: Colorado is quickly becoming a patchwork of oil and gas rules after a major law change.

For starters, most operators in Colorado already have hundreds of completed permits in the bag that will keep them busy for months to come regardless of what happens to the pace of future approvals to drill. The specific rules for the new law have only begun to be debated by the Colorado Oil and Gas Conservation Commission and the uncertainty as to what might come out of that process could keep companies already here from expanding development plans while deterring new players from entering the state. Colorado politics remains a red flag for many investors. Dan Haley, president and CEO of the Colorado Oil and Gas Association, said any moves to severely curtail drilling in Colorado up to and including a ban would be a deceitful reading of the intent behind the new law. Jared Polis administration to implement this sweeping law, to make sure local communities understand the framework being developed, and to make sure it safeguards jobs and our environment.

Colorado is quickly becoming a patchwork of oil and gas rules after a major law change

Colorado's oil and gas bill could impact full-day kindergarten plan





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