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Oil and natural gas industry contributed $46.1 billion to Colorado's GDP in 2019, industry report says | Kiowa County Press


The 
report, which was prepared by PricewaterhouseCoopers, found that for every one job created in the industry, nearly four indirect jobs were created. Of the 340,000 total jobs, 69,000 were direct and 271,000 were indirect, the report said, while $34.1 billion in labor income was paid in 2019.
Experts in the field expect natural gas consumption in 2022 to outshine consumption in 2019. One primary reason for this is increased travel as COVID-19 restrictions are slowly lifted.
As more and more Coloradans return to their normal lives, demand for natural gas and oil has come roaring back, nearing its pre-pandemic heights, Granger said. Now more than ever, it is incumbent upon policymakers at the local, state and federal levels to support the continued safe and responsible development of Colorado s ample energy resources. ....

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