API hosts State of Energy In Colorado event to discuss oil and natural gas in the state

API touts Colorado as a leader in the energy industry.
API touts Colorado as a leader in the energy industry. | Contributed
The American Petroleum Institute (API) reports that the Colorado Petroleum Council (CPC) recently hosted an energy event in Denver to focused on the future of the oil and natural gas industry in Colorado.
 
“Colorado is a role model for how to enact smart energy policies that protect the environment and workers and that promote responsible energy development," Jack Gerard, CEO and president of API, said of the meeting.
 
Gerard applauded Colorado’s willingness to be a leading producer in the production and refining stages of oil and natural gas. In Colorado alone, according to a University of Colorado Boulder study, the industry provided over 200,000 jobs, over $26 billion in economic activity and over $1.6 billion in revenue to Colorado during 2012.
 
API cites Colorado, which is No. 7 in oil and natural gas production nationally, as a world leader in helping reduce carbon emissions.
 
Gerard thanked the state for “setting a positive example for other states and the rest of world, enabling our nation to continue its leadership on energy and environmental stewardship.”
 
Colorado governor John Hickenlooper and Denver mayor Michael Hancock were also in attendance at the State of Energy event. CPC is a division of API.

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