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Record-high natural gas and oil production, rising wages, and new tax law to fuel hundreds of millions of extra dollars into Colorado’s state budget

DENVER, April 3, 2018 – Natural gas and oil production is a top contributor to Colorado’s general fund – a portion of the state budget. Next fiscal year’s revenue increases could top ten percent, up to $12.5 billion, according to the latest economic and revenue forecast by the Legislative Council.

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API: New studies project that offshore energy development will significantly increase U.S. jobs, domestic spending, investments and state revenues

WASHINGTON, March 9, 2018 – According to new economic studies released today, opening the U.S. Outer Continental Shelf (OCS) to offshore oil and natural gas development would be an economic catalyst – promoting U.S. jobs, investments, and increased tax revenue - for states across the country.

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Georgia Petroleum Council: Offshore exploration is critical for Georgia’s communities, good paying jobs, increased investments and state revenue

ATLANTA, February 28, 2018 – Georgia Petroleum Council Executive Director Hunter Hopkins emphasized the importance of offshore energy to Georgia’s communities and economy prior to today’s Bureau of Ocean Energy Management public hearing on the Interior Department’s proposed five-year offshore natural gas and oil leasing plan. 

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North Carolina Petroleum Council: Offshore energy resources key to North Carolina’s economic future and energy self-sufficiency

RALEIGH, February 26, 2018 – North Carolina Executive Director David McGowan pointed to the many economic benefits that offshore energy resources could bring to North Carolina in advance of today’s Bureau of Ocean Energy Management public hearing on the Interior Department’s proposed five-year offshore natural gas and oil leasing plan. 

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Virginia Petroleum Council: Offshore exploration can bring jobs, consumer benefits and economic growth to Virginia

RICHMOND, February 21, 2018 – Virginia Executive Director Miles Morin emphasized the opportunities that exploring offshore energy resources can bring to Virginia’s economic and energy future prior to today’s Bureau of Ocean Energy Management public hearing on the Interior Department’s proposed five-year offshore natural gas and oil leasing plan. 

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South Carolina Petroleum Council: Offshore exploration is critical to state's economic future

COLUMBIA, February 13, 2018 – South Carolina Petroleum Council Executive Director Mark Harmon today highlighted the need for exploring offshore energy resources and the importance to South Carolina’s economic future prior to today’s Bureau of Ocean Energy Management public hearing on the Interior Department’s proposed five-year offshore natural gas and oil leasing plan. 


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Florida Petroleum Council: Offshore Exploration Beneficial to Florida's Economy and Jobs

TALLAHASSEE, February 8, 2018 – Florida Petroleum Council Executive Director David Mica today pointed to Florida’s significant economic opportunity to safely and responsibly develop Florida’s offshore energy resources in advance of the Bureau of Ocean Energy Management public hearing on the Interior Department’s proposed five-year offshore natural gas and oil leasing plan.

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Florida Petroleum Council: Offshore Exploration Beneficial to Florida’s Economy and Jobs

TALLAHASSEE, February 8, 2018 – Florida Petroleum Council Executive Director David Mica today pointed to Florida’s significant economic opportunity to safely and responsibly develop Florida’s offshore energy resources in advance of the Bureau of Ocean Energy Management public hearing on the Interior Department’s proposed five-year offshore natural gas and oil leasing plan.

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CPC applauds Senate actions supporting affordable, reliable energy future for Colorado families

DENVER, February 1, 2018 – The Colorado Petroleum Council issued the following statement regarding two votes (SB 63 and SB 64) by the Senate Agriculture, Natural Resources and Energy committee completed today that signaled support for responsible energy development to the benefit of the state economy, workforce and consumers and terminated proposals that could halt all oil and natural gas development in the state.

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API: Removing Eastern Gulf from OCS 5-year plan is premature

WASHINGTON, January 10, 2018 – API President and CEO Jack Gerard released the following statement on Interior Secretary Zinke’s announcement to remove the Eastern Gulf of Mexico from the recently released five-year offshore oil and natural gas leasing plan. 

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