Colorado is one of the top oil- and natural gas-producing states in the nation. But a ballot measure may have a dramatic impact on the future of this industry. Proposition 112 would impose new setbacks that opponents contend would kill much of the state’s energy development. Supporters counter that these new rules are necessary to protect the public.
The oil and gas industry has a long history in Colorado. With the advent of the shale revolution, which led to a significant oil and gas output thanks to hydraulic fracturing, Colorado’s energy production underwent a renaissance during the past decade. This increased production has led to conflicts with some municipalities and residents over pollution claims and noise complaints.
There have been a variety of legislative efforts to curb oil and gas production in the state. These range from local laws to citizen-led initiatives, although many have failed to gain traction or have been shut down in the courts. Proposition 112 is the most significant of these proposals. It would mandate that any new oil and gas development be set back 2,500 feet from homes, schools, playgrounds, rivers, creeks, and anything else local governments determine as a “vulnerable area.” Currently the state imposes a 1,000 feet setback from high-occupancy buildings such as schools, 500 feet from occupied homes, and 350 feet from playgrounds.
The supporters of Proposition 112 argue that oil and gas production, especially when it involves hydraulic fracturing, poses a variety of health threats to the public. These setbacks, they argue, will ensure that these hazardous operations are not too close to people.
Opponents of Proposition 112 say that these setbacks would essentially end almost all new oil and gas production in the state. They contend that few areas would be left to explore for oil and natural gas after the setbacks are put into place. They point out if that happens it could lead to tens of thousands of jobs being lost, the state’s economy taking a big hit, and tax revenue going down. They also argue that Colorado has strict regulations on oil and natural gas development, so a new setback rule is unnecessary.
Both the Democratic and Republican candidates for governor oppose Proposition 112. If the voters approve it, there will likely be a legal fight prior to its implementation.
Do you think that oil and natural gas production should face stricter regulation?