Monthly Archives: December 2007

Beyond the Boom

The Rocky Mountain News did a series on the energy boom rocking parts of Colorado and how communities are enjoying, coping, and mitigating the impacts (or at least trying to). The series offers a a number of perspectives and the challenges involved in local-state-federal policy making and planning.

The day 1 article in the series, entitled “The billion dollar question: What if?”, is particularly interesting because two state legislators have taken seemingly opposite positions from the ones you would think they would take given their respective political ties. Their perspective is likely influenced by their location place in the state and the energy boom.

Representative Josh Penry, a Mesa County Republican, is witnessing the energy boom first hand and is a big supporter of creating a permanent trust fund from oil and gas severance taxes – similar to what Wyoming did a decade ago. Chris Romer, a Democratic Senator from the Denver Metro area, favors the more measured approach of analyzing how taxes are currently collected and allocated before the state tries to set up a permanent fund.

Who’s the conservative in this debate?

Read the entire series

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Economies collide with nature

The natural resource based economy that dominated the Western Slope of Colorado for so many years is making a come back.moly mine - assoc. press pic

As Jason Blevins writes in the Sunday Denver Post, mining is coming back to a number of communities due to increasing demand and prices for precious minerals like molybdenum.

If the recent natural gas boom in Garfield County offers any crystal ball, more Western Slope communities are due increasing revenues, stressed infrastructure, a quick disappearance of affordable housing, and a shortage of workers.

The natural amenity and natural resource economy are colliding and the only thing they have in common is a reliance on nature.