DENVER, June 11, 2018 – The Colorado Petroleum Council, a division of the American Petroleum Institute, today released a report about the role that the natural gas and oil industry plays in the state. The report reviews the essential role the industry plays in supporting Colorado’s high quality of life, including contributing to educational funds, supporting the expansion of available medical facilities, and lowering emissions.
DENVER, May 2, 2018 – Today, the Colorado Petroleum Council welcomed activity by the Colorado State Senate, voting down three bills that could have had a harmful effect on the production of natural gas and oil in Colorado, jobs and the economy.
HARRISBURG, Pa., April 30, 2018 – Associated Petroleum Industries of Pennsylvania Executive Director Stephanie Catarino Wissman issued the following response today to Governor Wolf’s latest attempt to increase taxes on Pennsylvania’s natural gas industry.
DENVER, April 24, 2018 – Today API applauded the Colorado Senate’s passage of Senate Bill18-230, legislation that will modify Colorado’s regulations to strengthen protections for mineral and royalty owners.
WASHINGTON, April 19, 2018 – API today released its quarterly well completion report for the first quarter of 2018 showing that natural gas and oil drilling and completions rose more than 35 percent over 2017 levels signaling the strength of the U.S. natural gas and oil industry. In addition, the success rate for exploration of natural gas and oil was more than 60 percent, the highest rate since 2009.
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.
DENVER, March 7, 2018 – The Colorado Petroleum Council testified today before the Senate Agriculture, Natural Resources, & Energy Committee in opposition to House Bill18-1071, legislation that would have slowed or even potentially halted energy development in Colorado and decreased revenue to the government. The bill was rejected by the Senate committee with bipartisan support.
HARRISBURG, Pa., February 6, 2018 – Associated Petroleum Industries of Pennsylvania (API-PA) Executive Director Stephanie Catarino Wissman issued the following response today to Governor Wolf’s recurring proposal to increase taxes on Pennsylvania’s natural gas industry.
DENVER, February 1, 2018 – The Colorado Petroleum Council testified today before the House Committee on Health, Insurance and Environment in opposition to House Bill18-1071, legislation that would slow energy development in Colorado and decrease revenue to the government.
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.