Cathy Proctor Reporter –Denver Business Journal – November 6th 2013
Both sides in the argument over fracking claimed victory Wednesday after voters in three Colorado cities approved bans on the oil and gas industry technique.
Voters in Boulder, Fort Collins and Lafayette approved either years-long moratoriums or outright bans on fracking.
Voters in a fourth town, Broomfield, split on the subject, with a razor-thin margin between those for and against a local ban on hydraulic fracturing.
The practice is credited with boosting U.S. energy production levels in the last few years, but has also raised fears of groundwater contamination.
The votes are largely symbolic, as there isn’t much oil and gas development underway in the cities. But the ballot initiatives themselves, as well as the results, proved to be a call to action for Colorado’s energy companies, which are investing billions of dollars in the state and employ about 50,000 people.
Many expect more proposals to ban fracking will be put to voters in 2014 — and that there may be a statewide initiative.