Economics & Taxes
This infographic highlights the economic impact of the oil and gas industry in Weld County. Read More »
This infographic highlights the economic impact of the oil and gas industry in the 7 County Metro Area. Read More »
President Obama uttered 5,438 words during his hour-long State of the Union speech this month, but he forgot two: Thanks, fracking.
In his final State of the Union speech, the president took credit for lower gasoline prices, for cutting our carbon dioxide emissions and for reducing our dependence on foreign oil. However, he completely failed to recognize how any of that took place.
The shale revolution — our American energy renaissance — wasn’t mentioned once.
He also blew his chance to thank the hundreds of thousands of men and women who work in the oil and gas industry in this country — an industry that helped pull the United S ... Read More »
Looking for a quick overview of the economic impact of oil and gas in Colorado? Check out this infographic! Read More »
The oil and gas industry, along with nearly all extraction industries, inherently provides substantial economic benefits due to its integrated supply chain, high wage jobs, and propensity to sell nationally and globally. It brings in outside investment and often operates in rural areas where high-wage jobs are scarce and industry is fleeting.
Much of Colorado’s oil and gas is sold outside of the state, contributing wealth to owners, employees, governments, and schools, all of which are beneficiaries of oil and gas revenues. In 2012, Colorado’s oil and gas industry recorded $9.3 billion in production value, accounting for some 29,300 di ... Read More »