API welcomed the call by Gov. Hickenlooper for the withdrawal of anti-energy ballot measures in favor of a special commission to consider concerns about oil and natural gas development and the appropriate role for local communities in state energy decisions.
“Colorado has some of the strongest oil and gas regulations in the country, and our industry has a history of working collaboratively with state regulators and local communities to protect the environment while promoting economic growth: to the tune of 200,000 jobs already supported by responsible energy production,” said API President and CEO Jack Gerard.
“Short-sighted initiatives that threaten responsible energy production and undermine job creation do a disservice to Coloradans who want a more reasoned discussion. Today’s call could clear the path for a more balanced and inclusive conversation that will preserve Colorado’s leading role in America’s energy revolution, and we look forward to participating in that dialogue.”
API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API’s more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 20 million Americans.