When local economies succeed, communities thrive. In 2014 Colorado collected over $105 million in state royalties which were then re-invested into Coloradan communities.
When Colorado sells natural gas out of state schools, state universities, state parks and public buildings all benefit. The money Colorado makes from collecting and selling natural gas goes directly back into the communities who deserve it the most.
Colorado is a state of small businesses—almost 98% of employers in the state are classified as a small business. Keeping energy costs low means these businesses don’t have to worry about keeping the lights on when they’re just getting started. Extracting something as necessary as Colorado’s natural gas supports businesses, large and small, across the entire state.
Did you know, approximately 80% of State Land Board revenue comes from oil and natural gas development, providing money for Colorado schools? Check out this video to see for yourself!