NEWS RELEASE
Contact:
Dan Haley
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More than 30,000 Coloradans sign Vital for Colorado’s pledge to support responsible oil and gas development
DENVER (October 9, 2014) – Vital for Colorado announced today that more than 30,000 Coloradans from across the state have signed its 7-point pledge in support of Colorado’s oil and gas industry.
The pledge outlines seven principles regarding energy development and hydraulic fracturing that are paramount to a vibrant and successful oil and natural gas industry in Colorado, including recognition that the state already has some of the toughest rules in the nation and that hydraulic fracturing is a safe, transformational technology.
“The sheer number of Coloradans who have stepped forward to say they not only support Colorado’s oil and gas industry, but that they also support our existing comprehensive, statewide approach to regulating the industry should send a clear signal to the governor’s task force,” said Peter Moore, a Denver lawyer and chairman of the Vital for Colorado board of directors.
The governor’s task force on oil and gas development, which is charged with developing recommendations for balancing state and local control of oil and gas drilling, is meeting in Durango today and Friday. One of the main tenets of the pledge says Colorado should continue to regulate oil and gas in a comprehensive, statewide manner rather than a patchwork quilt of inconsistent regulations, calling it “the best and only way to ensure that Colorado protects our natural environment while remaining an inviting place for current and future energy investment.”
“This tremendous show of support tells us that more and more Coloradans, once they take time to learn the issues, don’t want a patchwork of regulations, or these illegal energy bans that have been popping up in cities across the state,” Moore added. “They support responsible oil and gas development, and all of the benefits that brings to this state.”
The pledge has been signed by thousands of Colorado citizens, companies, associations and leading business groups, such as the Denver Metro Chamber of Commerce, Colorado Concern, and Colorado Cattlemen’s Association.
Vital for Colorado is a broad coalition of business and economic development. Its mission is to support and promote the benefits of energy production in Colorado, highlight energy resource extraction as a critical part of Colorado’s state economy, and support a rational, well-regulated, and competitive regulatory environment which allows energy production in the state to thrive responsibly.
For more information on Vital, and to view the pledge, go towww.vitalforcolorado.com.
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