Legislature blocks oil and gas bills opposed by industry

Colorado State Capitol

Colorado State Capitol

 and  – Denver Business Journal 

Just three weeks ago, the Colorado General Assembly appeared well on its way to passing new fees and regulations on oil and gas companies that industry leaders warned would slow the explosion of one of Colorado’s fastest growing industries. But late Monday, industry backers killed off the final measures against which they had fought vigorously.

Opponents had used arguments about job losses and warned of potential gubernatorial vetoes to get a handful of Senate Democrats to side with every Senate Republican in defeating House Bills 1269 and 1316.

HB 1269 was, from Day One, the biggest target of energy interests — a bill that would have removed promotion of oil and gas production from the mission of the Colorado Oil and Gas Conservation Commission (COGCC), which regulates the industry.

Continue reading at The Denver Business Journal

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