Four years ago, the American Petroleum Institute, the world’s largest energy industry trade association, opened a chapter in Colorado, owing to the growing opportunities from natural gas and oil in the state. Since its inception, the Colorado Petroleum Council has served as an advocate for – and partner to – communities across the state, placing great emphasis on innovation, public health and safety. This has allowed the industry the ability to invest in reducing its emissions to historic lows even as energy production has reached all-time highs.
“Most importantly, Colorado is our home,” said Lynn Granger, the new Executive Director of the Colorado Petroleum Council. “When we arrived in Colorado, our mission wasn’t simply to grow jobs and economic opportunities for the people of our state, though we are encouraged with our progress on that front. We breathe the same air and drink the same water as our neighbors, and we are proud of the leading role that our industry has played – and will continue to play – in the development and implementation of emissions-reducing technologies that benefit all of Colorado’s vibrant communities, regardless of income level, color or creed.”
A big part of CPC’s efforts to enhance communities is focused on aggressively pursuing investments in STEM (science, technology, engineering and math) education given its crucial role in the sustainment of career opportunities for all Coloradans.
“We’re especially proud of our commitment to education,” continued Granger. “Our industry has taken a leading role in promoting STEM education across Colorado. The natural gas and oil industry continues to grow amidst the American energy renaissance, creating jobs that need to be filled with talented, skilled workers. We are focused on ensuring that Coloradans from every walk of life are given a true and just opportunity to benefit from these opportunities, and the foundation for future success begins in the classroom.”
The natural gas and oil industry is projected to create 1.3 million new jobs between 2015 and 2025, with that number growing to 1.9 million by 2035. Of these new jobs, 707,000, or 38 percent of the total, are projected to be filled by African American and Hispanic workers through 2035.
According to a 2018 report based on state and federal data, natural gas and oil operations support over 232,900 Colorado jobs, provide an annual statewide economic impact of more than $31.4 billion, and contribute more than $1.2 billion per year in public revenue to the state, including $180 million toward local universities and school districts.
“These jobs and dollars support communities across Colorado, funding everything from schools, to roads, to emergency responders,” noted Granger. “But they do so much more than that. This has allowed us to redouble our commitment to education at the local level and to serve as true partners in communities across the state. We are proud of the work we have done thus far, but know that there is more to be done for current and future generations of Coloradans.”
Colorado’s natural gas and oil industry, in partnership with dozens of government agencies, has implemented the most robust regulatory framework in the nation. Granger acknowledged that the industry’s growth, and the burgeoning opportunities it provides, can only be sustained with an all-hands effort toward keeping public health and safety paramount.
“None of what our industry does would be worthwhile if not for a round-the-clock effort to mitigate any environmental impacts that could have adverse effects on Colorado communities,” said Granger. “These efforts have been my top priority since assuming this role, and I want the people of our state to know that I will be fierce in promoting a balance between sustainability and the opportunities our industry brings to the table.”
Granger, in closing, recognized the existing disparities in Colorado’s economy, and expressed determination on behalf of her industry to be proactive in addressing the issue.
“People have moved to Colorado in droves from across the country, which has certainly presented challenges. We are committed to turning those challenges into opportunities. Colorado’s economy consistently ranks as best in the nation, but these economic opportunities feel out of reach for too many people in our state. The natural gas and oil industry is committed to being a partner in changing this dynamic. Everyone deserves a shot at the American dream, and the Colorado Petroleum Council and our member companies are unwavering, through investments in education, innovation, and directly into communities, to bringing these dreams to life.”