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Rep. Steve King comments on Oil and Gas Bills
March 23, 2007
Contact:
Steve King
For Immediate Release
(970)
314-8753
MEDIA ADVISORY/COLUMN MATERIAL
State Representative Steve King Comments on Oil & Gas
Development
There are at least 10 bills in the legislature about oil &
gas development
DENVER , CO -- State Representative Steve King-R (HD-54)
releases the following statement about oil & gas
development and the numerous bills in the legislature that
address the energy debate. Those bills are: HB 07-1142,
HB 07-115, HB 07-1180, HB 07-1223, HB 07-1252, HB 07-1268,
HB 07-1298, HB 07-1309, HB 07-1341, and SB 07-121.
At a time when there is a great deal of focus on renewable
energy and making the state of Colorado the renewable
energy capital of this natiom, I am working very hard to
make sure an industry that supports 70,000 Colorado jobs
and has a payroll of four billion dollars while generating
in excess of twenty billion in economic activity does not
die the death of a 1,000 cuts.
The Colorado House of Representatives currently has ten or
more pieces of legislation awaiting action that would have
an impact greater or smaller on the oil and gas industry of
Colorado. While one piece of legislation may not have a
serious impact on the industry, I worry that the cumulative
effect of each additional legislative change could degrade
the business climate for future oil and gas investment in
our great state.
Just in the last eight years, Mesa County has received
$23,270,721.70, in energy and mineral impact assistance
with Delta County receiving $14,468, 062.11. All counties
in our state have received a portion of the combined amount
of $450,195, 623.09, in Energy Impact Assistance grant
money.
That's right now, real money, with real jobs and real lives
committed to an industry that is critical to our economy
and our quality of life. Yes, I said quality of life while
talking about the oil and gas industry. Those two are not
mutually exclusive, like other energy blessings if
recovered properly and leveraged to our benefit. That is
money available for health care, K-12 education, higher
education, and a number of other social and economic
issues.
I have heard it said, "get on board Colorado 's Green Train
or get the hell off the tracks." I hope we as a state can
step back from this type of sensationalism and look at all
of our energy blessings in order to leverage those
resources for the benefit of this and future generations.
King currently sits on the Judiciary committee and the
Business Affairs and Labor committee.
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