Consumer Energy Alliance’s report, The Importance of Affordable and Abundant Oil and Natural Gas for Colorado, on the savings Colorado’s families and businesses have achieved as a result of increased American energy production was discussed as state lawmakers debate Senate Bill 181.
Opponents of Prop 112 rightfully pointed out that every credible scientific study to date shows fracking, the process used to extract diffuse natural gas and oil deposits situated deep beneath the Earth’s surface in shale rock formations, does not cause air or water pollution. They also noted a 2018 study by the Consumer Energy Alliance found Coloradans enjoy lower natural gas prices, due in large part to fracking. This saved residents and businesses almost $12.4 billion from 2006 to 2016.
