Posted on 02/03/2021 8:05:38 AM PST by Rummyfan
Between 2021-2024, Biden’s leasing ban will eliminate 5,172 jobs annually, wipe out $2.8 billion in oil and natural gas investments, $1.3 billion in production, $546 million in much-needed tax revenue and a whopping $1.6 billion in high-paying wages.
Colorado’s neighbors to the north and south face similar threats from President Biden’s ban.
As the fifth-largest oil and natural gas-producing state, New Mexico extracts nearly half of its oil and 67% of its natural gas from leases on federal lands. Before the pandemic, tax revenue generated from oil and production overall comprised 20% of the state’s budget. With 62,000 jobs at stake, a federal leasing ban will be catastrophic for one of the country’s most poverty-stricken states.
A federal leasing ban is equally devastating for the Cowboy State. Wyoming’s oil and gas economy is dependent upon federal oil and gas leases. A federal leasing prohibition will severely impact 51% of the state’s oil production and a whopping 92% of its natural gas production.
(Excerpt) Read more at pagetwo.completecolorado.com ...
The lesson to be learned here is that a state should never rely on its Federal lands for its economic survival. The states most heavily impacted by the Biden agenda are those Rocky Mountain states with millions of acres of land owned by the Federal government.
The Federal government has almost no jurisdiction over the Permian and Eagle Ford basins in Texas. The same is true in the Marcellus Shale region of central and western Pennsylvania.
Colorado moved hard to the left with all those vermin from CA moving in. Glad to seem them get some of the punishment. Vote stupid, and it will hurt.
Biden went to Pennsylvania and told them he was going to destroy its energy sector, did Colorado think it was immune?
Yeah. But, they think they can just put up a bunch of windmills in the whirlwind. Idiots!!!
They shouldn’t complain. They’re all into windmills on their hats and free pot.
Easier said than done. The Federal Government practically owns the Western states. Notice that the Feds only own 1.8% of the land in TX and 2.1% in PA. In Colorado they own 36.2%.
I have heard lots of westerners complain about Californians escaping the mess that is their state only to turn around and vote for the same policies which created the mess.
What is confusing is why people in Colorado voted for Biden knowing he would bring them misery. Even if they were originally from California.
“What is confusing is why people in Colorado voted for Biden knowing he would bring them misery. Even if they were originally from California.”
Because they can only prove their virtue and intelligence by voting Dem, even if it destroys their life. For many of these Dems, being a Dem is part of their being. There is no redemption for them, they are tragically, permanently defective.
For some reason I’m having trouble working up a lot of sympathy for Colorado.
Ban will cripple New Mexico where the Feds owns all the drilling land. And, Louisiana where the Feds own all the Offshore Leases.
Good for Texas because the State owns it’s own public lands. And, good for Old Mexico because New Mexican drillers will move there.
Hey, doesn’t CO have a dem governor & didn’t they just elect a dem Senator?
Marijuana laws didn’t help.
The FEDS DO NOT OWN that land in Nevada——
THEY DO CONTROL IT...
But they pay NOT A DIME OF taxes on any of it to the state of Nevada.
Same in Utah..Other than the small footprints of Military Bases-— they do NOT OWN it.
Last I heard Utah % was much closer to 84%,.
Besides BLM lands, does the map include Indian reservations, national forests, natioonal parks? Natural gas is big in northwest NM on Navajo Lands and oil in southeast NM on BLM lands.
Hey Colorado...who did you vote for in the 2020 election? Remember as Osama Obama said “Elections have consequences”.
and yet New Mexico voted for Biden. Go Figure.
Agree. Idiots.
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