CPC continues to move forward

Colorado’s Oil and Gas Industry is expected to see changes in the coming months.

With the passage of Senate Bill 181 by the Colorado General Assembly, the conversation around the industry appears to be shifting from fostering growth to regulation.

Lynn Granger, the new executive director of the Colorado Petroleum Council, noted the Colorado Oil and Gas Commission is set to have seven new members.

She also pointed out that these new members do not have very much background in the industry; thus, there is an element of uncertainty as to what will happen in the industry moving forward. Since the passage of SB 181, there has also been a decline in permitting seen across the state.

As a branch of the American Petroleum Institute, the Colorado Petroleum Council acts as an advocacy organization and serves 600 member organizations across the U.S., with 20 in Colorado. The membership ranges from large corporations, such as Conoco Phillips to small in-state operations. The council also acts as an advocate for the need for the industry at the state legislature. Additionally, CPC provides feedback to the COGC and stakeholders.

  The CPC promotes the industries’ contributions to the economy, as well as the steps the oil and gas sector have taken towards public health and safety and the reduction of environmental impacts through fewer emissions.

  Granger pointed out that Colorado is leading the way when it comes to improving safety standards.

Additionally, the CPC strives to provide education about the industry to legislators who are willing and act as a resource for them.

“We strive to be that one voice for the industry,” said Carrie Hackenberger, Associate Director for CPC.

Both Granger and Hackenberger acknowledged that oil and gas would likely face significant challenges soon.

However, they remain optimistic that the CPC can continue to problem solve, as well as be a part of promoting reasonable regulation for the more substantial benefit of the public.