Study: Colorado fracking ban would be billion-dollar blow

The Coloradoan; March 26, 2014 By Ryan Maye Handy

A ban would cut 93K jobs, billions in tax revenue, CU researchers say.

Colorado could lose billions of dollars of gross domestic product and thousands of jobs if the state decides to ban the controversial oil and gas exploration technique known as hydraulic fracturing, according to a study released Wednesday by the Leeds School of Business at the University of Colorado Boulder.

The study’s results were sobering for Weld County Commissioner Sean Conway, who is well-acquainted with the county’s tax revenue dependence on oil and gas development. But the study underscored his belief that oil and gas money benefits all Coloradans.

“It would be devastating, …

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