The oil and natural gas community is dedicated to making Colorado a better place, and their work doesn’t stop when they clock out at the end of the day. The 100,000 industry employees across the state show they care by donating their time and money to support more than 500 organizations across Colorado. Their extra efforts touch a variety of causes including arts and recreation to supporting veterans, educating youth and helping underserved families.
Community Impact Report
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The oil and natural gas community is dedicated to making Colorado a better place, and their work doesn’t stop when they clock out at the end of the day. The 100,000 industry employees across the state show they care by donating their time and money to support more than 500 organizations across Colorado. Their extra efforts touch a variety of causes including arts and recreation to supporting veterans, educating youth and helping under-served families. These COGA member's efforts have been collected and compiled to share annually in the Community Impact Report.
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Economic Impacts
Colorado Oil and Natural Gas Industry Economic & Fiscal Contributions (2017)
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As of 2017, the upstream and midstream subsectors alone were responsible for providing 89,000 direct and indirect jobs, $13.5 billion of the state’s gross domestic product, and $1 billion of public revenue that supports Colorado schools, social assistance programs, parks and water infrastructure.
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Learn more about the Energy Programming CU Denver Business School.
Colorado Oil & Gas Association Summary of Economic & Fiscal Contributions Study
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Colorado enjoys substantial economic benefits as the result of natural resource development in the state, including drilling, extraction, and all the support activities that go along with it. This report demonstrates how a strong oil and gas sector is a net positive, not only because of the jobs and economic impacts it provides, but also because public revenue generated from oil and natural gas activity play a vital role in ensuring that everyone in the state has access to good schools, infrastructure to meet a growing population and the great outdoors that makes Colorado exceptional.
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Economic & Fiscal Contributions Infographics
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State Economic Impact (2019)
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Local Revenue Impacts
The above revenue impact brief analyzes near-term oil and natural gas development plans in 5 Colorado municipalities and the potential property tax revenues these activities may generate.
Understanding Colorado's Tax
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Grand Junction, CO — Colorado Mesa University Professor of Economics Nathan Perry, PhD, produces a detailed model of employment effects on energy production in a two-part study that analyzes relationship between rigs, natural gas prices and employment in the Piceance Basin, and in the second part creates an economic impact model designed to measure the regional contribution of the oil and gas industry.
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Community Investment & Outreach Opportunities
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COGA and member companies have a long and impressive history of being active and involved with varioius organizations, groups and local efforts in communities throughout Colorado. See what upcoming outreach opportunites and ongoing involvements are available.
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COGA member companies have the opportunity to join the Community Outreach and Investment (COI) committee. The COI Committee is intended to increase focus on investing and engaging with Colorado’s communities. The COI Committee meets monthly to execute COGA’s community engagement strategy as well as lead and oversee COGA’s public engagement strategies, sponsorships, philanthropic efforts, education, and civic involvement.
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