Colorado Passes Bill Threatening 100,000+ Jobs



Colorado Passes Bill Threatening 100,000+ Jobs
The Colorado State Senate Transportation and Energy Committee passes a bill which the American Petroleum Institute says 'threatens hundreds of thousands of jobs'.

The Colorado State Senate Transportation & Energy Committee has passed a bill which the American Petroleum Institute (API) says “threatens hundreds of thousands of jobs”.

In an organization statement posted on its website, the API said bill SB19-181 would “at the very least hinder, if not prohibit” energy development in Colorado, “directly threatening hundreds of thousands of jobs, billions of dollars of state revenue and hundreds of millions in education funding”.

Tracee Bentley, executive director of the Colorado Petroleum Council, said in an organization statement that SB19-181 contains “the most overreaching provisions of any energy proposal we have ever reviewed and all but guarantees that industry will be forbidden from operating in certain jurisdictions”.

“This bill simply goes too far. There are far too many unintended consequences,” Bentley added.

The bill passed following a rally at the state Capitol with approximately 1,000 oil and natural gas workers and supporters of the industry.

On March 7, the Colorado Oil & Gas Association (COGA) took to Twitter to post pictures of the “impressive showing of oil and gas industry support” at the rally.

 

 

The API, which traces its roots back to World War 1, describes itself as the only national trade association representing all facets of the natural gas and oil industry.

The API’s more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, marine businesses and service and supply firms. Colorado Petroleum Council is a division of API.

Founded in 1984, COGA says its purpose is to foster and promote the beneficial, efficient, responsible, and environmentally sound development, production, and use of Colorado’s oil and natural gas resources.

For more information on SB19-181, please click here.



WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

TreeFugger  |  March 15, 2019
As I read through the comments, I'm unsurprised (it IS an oil and gas forum, after all..) but I'm a little disappointed that otherwise rational people won't make rational evaluations regarding these issues, I worked as an independent GIS consultant for a short time, and what I saw firmly convinced me that fracking is a short term boon, and a long term disaster almost anywhere its used, there are two main problems, (3 if you count unintended releases, but its a small percentage) the first is the slight increase in soil released methane after fracking, studies have shown that this can be 15 to 60 times higher than methane releases attributed to operations, the second is the commercial lifespan of a well, while its producing revenue, and the liability lifespan of a well, when its costing money, in many of the wells in Bradford county PA these two lifespans are of the greatest concern due to the high amount of barium in the discharge water. PA already has significant concerns with water quality due to the many very old abandoned lead and coal operations, many of which continue to emit significant amounts of contaminated water 100 years after their abandonment, fracking suffers from the same problem: high commercial yield is likely to be a 5 to 8 year phenomenon, but discharge water (in some cases in excess of millions of gal per year for some wells) may last for 30 to 50 years, possibly longer, and there are literally 100's of cases where this water is problematic to treat and has lead to stream contamination. Given the history of large operators, a predictable pattern emerges: large operations shift the burden of liability to small operations, land owners and other third parties, so the likeliest scenario is that once the wells production drops down, there will be the usual wave of closings and bankruptcies, then sticking states and taxpayers with the long term liabilities. This has played out over and over again throughout the 20th. Meanwhile, The sun delivers 89,000 TW of energy to earth earth each year, PV solar currently captures about 58 GW out of the 15 TW civilization uses each year, unfortunately 80% of our energy is produced from chemical sources, does anyone remember how bad smog was in the 70's? Cars emit about 1% the pollution now that they did in 1965, yet that transformation was fought tooth and nail at the time. The $15.5 Trillion logistics industry is the biggest contributor today, given that the 15 largest container ship produce more emissions than all 770 million automobiles worldwide, and there are 11,000 container ships on the world registry. Oil and gas are an archaic way to power a civilization, solar and wind have their technical challenges, and pebble bed nuclear has its place in a strategy to produce abundant power WITHOUT emissions, this is well within our capabilities, clinging to chemical power is not the best choice, and its unlikely to happen, as Germany has shown with their conversion to "green" alternatives: A northern climate country with 80 million citizens and one of the highest productivity on the planet. Call it over, and vigorously work on whats next!
Richard Poljan  |  March 10, 2019
Colorado oil Companies should come to Michigan! We've got lots of oil and gas. Not to mention a large local end market, already built infrastructure, and a large technical talent pool. You'd have to trade your mountain cabins for lake houses, but hey that's not so bad.
Bob  |  March 10, 2019
Pot sales revenue they think, will replace Oil & Gas. They won't have enough workers to work in the patch anyways, Still such a thing as a Pee Test.
Ken  |  March 09, 2019
Seems like a good way to give the hundreds of thousands of affected Gulf Coast workers a boost. Offshore work pays more, utilizes more people both directly and in support roles.
Wayne Melberg  |  March 08, 2019
What's next? Coal? Wonder how many legislators drive expensive foreign vehicles...that run on electricity so they feel good about themselves. Money and power. Who will buy all those overpriced homes creeping like a cancer across Colorado's landscape? Ha! SNAFU
Kevin  |  March 08, 2019
Read the bill. Might slow the permitting process down a bit, but it won’t be that hard to work around.
phil  |  March 08, 2019
More for Texas.
Steve Schmidt  |  March 08, 2019
I've seen this before. How long will it be before Colorado Dems start complaining about the price of a gallon of gas and ask why? Duh?????
Michael Pidgeon  |  March 08, 2019
This is all because of the very public deception on all levels of politics and academia that "climate change" is real when science, lack of evidence, fabrication of weather or other data have proven it false.
Adam Haneline  |  March 08, 2019
If Colorado wants to get away from fossil fuel, then let them. All of the Oil & Gas companies should shutdown all of their operations, shut in all of their wells, shutdown all of their pipelines, shutdown all of their distribution of fossil fuel products into or within the state of Colorado. Let the state of Colorado run on renewable energy and lubricants only. The state of Colorado would collapse in less than a week without fuel for their automobiles, natural gas for their homes and fuel for their electric power plants. Sometimes it takes a near death experience for people to understand the good that comes from fossil fuel energy. Renewable energy is a responsible addition/alternative to fossil fuel, but we will never be able to remove ourselves from fossil fuel completely. Engage both sides of the brain for a logical conclusion.
Andy Deutsch  |  March 08, 2019
Is that right Paul Smith?....then why doesn't Colorado shut down every gas and diesel station, and all natural gas furnaces and see where that gets you. May as well bar any connection of the Colorado power grid to any natural gas fired power generation too. You'd last a week, if that. Hypocrite.
Kendall  |  March 08, 2019
I'm at 43 years in the oil industry I have seen the ups and downs through the years. I started in Alaska and now in the Gulf of Mexico. The industry has dealt with idiots all along. You just can't fix stupid the state will soon realize the mistake as the money stops coming in. As for as I'm concerned the oil industry should just close up and pull out of the state totally. Shut down the pipelines pickel them and let the state pay out the nose for fuel that they can't live without. Once the people start spending most all of their money for fuel, electricity and just about any product they use a daily and the state goes broke then the libtards will be shunned to the curb and the state will be taken over by real folks that gets it. Oh wait guess they can live off the dope.
Ed Simonis  |  March 08, 2019
Some say, urbanization is a bigger environmental problem than industrialization. What causes urbanization and industrialization? Hmm....
Jinmy Hanley  |  March 07, 2019
What did anyone expect voting in the democrats
Caleb York  |  March 07, 2019
come on down to texas, we are miles ahead in the industry and you don't have to worry about radical ignorant leftys that are afraid to get their hands dirty. Plus we have enough resources and military to become our own country if it came down to it. Colorado can have all the potheads.
J Klein  |  March 07, 2019
Colorado now has a Dem supermajority, headed up by a gov and AG from Boulder. They are ramrodding this bill through before it can be assessed. If it passes, it’s not unthinkable that Noble and Anadarko (and others) will pull out of the DJ Basin. Loss of revenue will have to be made up by tax increases, to be paid by the multitude of millennials who have relocated here. Sounds like who you vote for really matters.
Bill Flaherty  |  March 07, 2019
The worlds only hope is the Democrats. The earth is all going to end in 12 years. I heard it on the news and I believe it. In the event the oil business hasn't figured it out, when Republicans get into office the price of oil drops, when democrats get into office, they remove enough property rights from the willing ignorant that the price goes up. Lets hope a dem gets into office and shuts down and bans all fracking in the U.S. for 1 year. In the meantime, get rid of your debt and save your penny's boys. Dark days are coming.
Mark Webb  |  March 07, 2019
It is hard to believe after many decades of safe fracking and over 1.5 million wells drilled without incident, that radical leftists can somehow get such a law passed, despite the empirical evidence indicating a superb safety record. Add to that the benefits to all citizens of low-cost energy, particularly seniors and low income folks, and it becomes astonishing just how shallow the leftists have become. Then again, radical environmentalism isn't just about going after the fossil fuel industry; it about dismantling capitalism altogether.
Paul Smith  |  March 07, 2019
I worked in the oilfield before the last bust.the energy industry evidently thinks the state can't get along without them .anytime there is a whiff of regulation they whine and cry.i don't remember the state collapsing when they stopped drilling ! No schools closed,no library's shut down.we will be just fine without oil and gas drilling,
Raymond O'Sullivan  |  March 07, 2019
I think all these idiot's in the state Senate committee should resign and go back to California!
Sandra K Moffett  |  March 07, 2019
Wonderful news. This is the future! New Jobs will be in abundance.
Randy Verret  |  March 07, 2019
As an oil & gas industry retiree who spent a number of years working in the Denver area, I am greatly saddened that oil & gas regulation in Colorado has come down to SB19-181. For years, the industry was dismissive of these environmental activist groups and the MANY false claims & misinformation they were distributing in the media with (virtually) no real push back. So, now it has come to this. I learned very quickly in a 1990 hearing on a wetland matter that you cannot use an economic argument in an environmental setting. If you look at yesterday's testimony, it would appear ALL the industry focus was on jobs, business revenue & tax base. The average citizen who is concerned that their air & water are going to be poisoned by a nearby frac job DON'T CARE how many oil & gas jobs are lost, period. So, I see this as a lost opportunity. The inability to effectively meet the false narratives on environmental regulation & stewardship have (finally) caught up to industry. First, it was in the hands of voters last year on Prop 112 and oil & gas got a "mulligan" at the ballot box. Now, the fate of oil & gas operations (statewide) rests in the hands of politicians who, for the most part, have LITTLE understanding of the complexities & nuance that often accompanies oil & gas operations. Unfortunately, I believe that SB19-181 has a really good chance of passage (mostly) in it's proposed form. Too bad industry leaders didn't listen a few years ago to dissenting voices (like me) who repeatedly suggested a change in strategy and discourse to focus on environmental stewardship & collaboration rather than (largely) touting economic benefit...
Russell Bak  |  March 07, 2019
Bill is short sided. The awful truth is urbanization is more detrimental to the environment than oil & gas. Look what has happened to Denver - Ft Collins corridor in the past 40 years!!: homes highways, industry wildlife displacement, water usage etc. Think had about! Which is worse? Better oversight / inspection of oil & gas operations definitely can be improved.
Floyd Burgoz  |  March 07, 2019
I hope this can be repealed. Overreaching provisions of energy bill which may affect other industrial jobs will send people to the edge of poverty and thus create an exodus of fair minded working folks.The domino effect that I convey has played out in other parts of the USA as well. If this stands, politicians will have issues with basic heating and lighting in their own homes and Thrones of power.