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The Natural-Gas and Oil Industry Actively Contributes to Colorado's Quality of Life, Education, Health, and Economy


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Statement from Tracee Bentley--the Colorado Petroleum Council's executive director--in:
MP3 format
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Windows Media Audio 9.2 format
(71 seconds)


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(BENTLEY):
"COLORADO IS AMERICA'S FIFTH-LARGEST PRODUCER OF NATURAL GAS--AND ITS SEVENTH-LARGEST PRODUCER OF CRUDE OIL.  COLORADO ALSO HAS THE THIRD-LARGEST NATURAL-GAS RESERVES OF ANY STATE--AND ITS OUTPUT HAS DOUBLED, SINCE 2001.  IN FACT, NATURAL-GAS- AND OIL-DEVELOPMENT IN COLORADO SUPPORTS OVER 230-THOUSAND JOBS; PROVIDES MORE THAN 23-BILLION DOLLARS IN WAGES; AND CONTRIBUTES MORE THAN 31-BILLION DOLLARS TO THE STATE'S ECONOMY.  WHILE MOST OF THESE JOBS ARE CONCENTRATED IN THE DEVELOPMENT-AREAS, NONPRODUCING COUNTIES ARE STILL PART OF THE SUPPLY-CHAIN--OFFERING GOODS, SERVICES, AND A QUALIFIED WORKFORCE.  WHAT'S MORE, DENVER ITSELF ACTS AS A HUB FOR COMPANIES THAT OPERATE THROUGHOUT THE REGION--SUPPORTING THE HIGHEST NUMBER OF DIRECT INDUSTRY-JOBS IN THE STATE.  COLORADO HAS ALSO LONG BEEN RECOGNIZED AS A LEADER IN NATURAL-GAS- AND OIL-REGULATION; ITS REGULATIONS GOVERN EVERY FACET OF THE INDUSTRY--FROM SITE-SELECTION, TO THE FULL RANGE OF DRILLING- AND COMPLETION-OPERATIONS, TO SITE-CLOSURE.  AND, IN ADDITION TO THE MOST-COMPREHENSIVE STATE-LEVEL REGULATIONS IN THE COUNTRY, THE INDUSTRY'S COMMITMENT TO SAFE OPERATIONS THAT PROTECT THE COMMUNITY--AND THE ENVIRONMENT--IS A CENTRAL COMPONENT OF ITS LICENSE TO OPERATE."



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