Uncertainty in the Colorado oilfield – Is this the end of Colorado Oil Boom?

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Over the next couple years, the uncertainty in Colorado will be heightened as rules are rewritten and lawsuits fly over new local-government rules.

As #SB181 passes through hearing after hearing at aggressive speeds it’s becoming clear to many that state lawmakers political agendas will likely come to a head resulting in economic harm to Colorado’s budget in the short and long term.

Adams County commissioners on Wednesday once again halted new applications for oil and gas drilling permits over fears they’ll see a rush of applicants for drilling and fracking — this time due to the bill currently before the legislature that would vastly overhaul regulation of the industry.

Senate Bill 19-181 would give local governments greater control to regulate the industry via their planning and land-use powers. The bill has been approved by the state Senate and is now moving its way through House committees.

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