SlideShare ist ein Scribd-Unternehmen logo
1 von 7
Downloaden Sie, um offline zu lesen
Brief Overview of Colorado’s Oil
Industry
Rutilio Martinez
Monfort College of Business
University of Northern Colorado
January 14, 2014
60

Oil Production

Millions of Barrels

50

40

30

Colorado
Weld
20

10

0

0

2

4

6

8

10

12

Year

Average rate of growth between 2000 and 2012

Maximum production: 60 million barrels in 1956
Minimum production: less than 3 million in 1978 and in 1984

14
Gas Production

1800

1600

1400

Millions of Cubic Feet

1200

1000

Colorado

800

Weld

600

400

200

0
0

2

4

6

8
Year

Average rate of growth between 2000 and 2012

10

12

14
Contribution of Oil & Gas, Leisure & Hospitality, Health Care,
Scientific Research and Financial Services to Colorado's GDP

Year

Colorado's
GDP
Billions of
$

Oil
&
Gas
%

Leisure
&
Hospitality
%

Health
Care
%

Scientific
Research
%

Financial
Services
%

2007
2008
2009
2010
2011
2012

242.6
252.5
245.4
254.5
264.7
274.0

2.21
3.30
2.11
2.37
2.48
3.70

4.6
4.4
4.3
4.5
4.7
4.8

5.5
5.7
6.3
6.3
6.3
6.2

6.3
6.6
6.5
6.5
6.6
6.5

19.1
19.0
19.8
19.8
19.0
18.8
Contribution of Oil & Gas, Leisure & Hospitality
and Financial Services to Employment.
Year

Colorado
Millions
of Jobs
(December)

Oil
&
Gas
%

Leisure
&
Hospitality
%

Financial
Services
%

2007

2.35

1.11

11.66

6.70

2008

2.32

1.28

11.54

6.56

2009

2.21

1.08

11.74

6.58

2010

2.23

1.12

11.99

6.45

2011

2.28

1.31

12.05

6.33

2012

2.33

1.28

12.31

6.32
Wages in Colorado in 2012
State average: $49, 536
Average wage in the oil & gas industry
Baca: $25,152
Douglas:$76,368
Garfield: $43,536
La Plata: $44,736
Larimer: $42,576
Weld: $39,888
.
Tax Revenues
Oil & gas industry generated $1.6 billion in tax revenues in 2012
This is equivalent to $817 per household.
Countries where Hydraulic Fracturing is not allowed:
1. Bulgaria
2. Czech Republic
3. France
4. Germany
5. Luxembourg
6. Northern Ireland
7. Romania
8. Spain; in the province of Cantabria
9. Switzerland; in the canton of Fribourg

Weitere ähnliche Inhalte

Was ist angesagt?

Daily Report Commodities
Daily Report CommoditiesDaily Report Commodities
Daily Report Commoditieseka rup
 
The economy, auto sale & auto auctions dr. ira silver
The economy, auto sale & auto auctions   dr. ira silverThe economy, auto sale & auto auctions   dr. ira silver
The economy, auto sale & auto auctions dr. ira silverIARAWeb
 
Middle East and Central Asia Regional Economic Outlook -- Jacques Charaoui, IMF
Middle East and Central Asia Regional Economic Outlook -- Jacques Charaoui, IMFMiddle East and Central Asia Regional Economic Outlook -- Jacques Charaoui, IMF
Middle East and Central Asia Regional Economic Outlook -- Jacques Charaoui, IMFOECD Governance
 
Romania Default Rate Report (Jan Dec 2009)
Romania Default Rate Report (Jan Dec 2009)Romania Default Rate Report (Jan Dec 2009)
Romania Default Rate Report (Jan Dec 2009)Adrian Andrei
 
North American energy 2016 outlook
North American energy 2016 outlookNorth American energy 2016 outlook
North American energy 2016 outlookBloomberg LP
 
Invest or Divest: the New Financial Imperatives
Invest or Divest: the New Financial ImperativesInvest or Divest: the New Financial Imperatives
Invest or Divest: the New Financial ImperativesEnergy Intelligence
 
Daily Report Commodities
Daily Report CommoditiesDaily Report Commodities
Daily Report Commoditieseka rup
 
Daily Report Commodities
Daily Report CommoditiesDaily Report Commodities
Daily Report Commoditieseka rup
 
Results presentation 4 q12
Results presentation 4 q12Results presentation 4 q12
Results presentation 4 q12comgasri
 
LNG Investment Conference 2014 - David Egan, PwC
LNG Investment Conference 2014 - David Egan, PwC LNG Investment Conference 2014 - David Egan, PwC
LNG Investment Conference 2014 - David Egan, PwC NAI 500
 
UKCS Upstream Oil & Gas 2015 Edition
UKCS Upstream Oil & Gas 2015 EditionUKCS Upstream Oil & Gas 2015 Edition
UKCS Upstream Oil & Gas 2015 EditionDerek Louden
 
Uk oil output 50 percent higher by 2018
Uk oil output 50 percent higher by 2018Uk oil output 50 percent higher by 2018
Uk oil output 50 percent higher by 2018Derek Louden
 

Was ist angesagt? (20)

Daily Report Commodities
Daily Report CommoditiesDaily Report Commodities
Daily Report Commodities
 
Daily Report Commodities
Daily Report CommoditiesDaily Report Commodities
Daily Report Commodities
 
The economy, auto sale & auto auctions dr. ira silver
The economy, auto sale & auto auctions   dr. ira silverThe economy, auto sale & auto auctions   dr. ira silver
The economy, auto sale & auto auctions dr. ira silver
 
The effect of this year
The effect of this yearThe effect of this year
The effect of this year
 
Middle East and Central Asia Regional Economic Outlook -- Jacques Charaoui, IMF
Middle East and Central Asia Regional Economic Outlook -- Jacques Charaoui, IMFMiddle East and Central Asia Regional Economic Outlook -- Jacques Charaoui, IMF
Middle East and Central Asia Regional Economic Outlook -- Jacques Charaoui, IMF
 
Romania Default Rate Report (Jan Dec 2009)
Romania Default Rate Report (Jan Dec 2009)Romania Default Rate Report (Jan Dec 2009)
Romania Default Rate Report (Jan Dec 2009)
 
Daily Report Commodities
Daily Report CommoditiesDaily Report Commodities
Daily Report Commodities
 
North American energy 2016 outlook
North American energy 2016 outlookNorth American energy 2016 outlook
North American energy 2016 outlook
 
Sqm corp pres 4q17_long final
Sqm corp pres 4q17_long finalSqm corp pres 4q17_long final
Sqm corp pres 4q17_long final
 
Invest or Divest: the New Financial Imperatives
Invest or Divest: the New Financial ImperativesInvest or Divest: the New Financial Imperatives
Invest or Divest: the New Financial Imperatives
 
Daily Report Commodities
Daily Report CommoditiesDaily Report Commodities
Daily Report Commodities
 
Daily Report Commodities
Daily Report CommoditiesDaily Report Commodities
Daily Report Commodities
 
Results presentation 4 q12
Results presentation 4 q12Results presentation 4 q12
Results presentation 4 q12
 
Thermal Energy International - Q3 and YTD Revenue
Thermal Energy International - Q3 and YTD RevenueThermal Energy International - Q3 and YTD Revenue
Thermal Energy International - Q3 and YTD Revenue
 
Daily Report Commodities
Daily Report CommoditiesDaily Report Commodities
Daily Report Commodities
 
LNG Investment Conference 2014 - David Egan, PwC
LNG Investment Conference 2014 - David Egan, PwC LNG Investment Conference 2014 - David Egan, PwC
LNG Investment Conference 2014 - David Egan, PwC
 
UKCS Upstream Oil & Gas 2015 Edition
UKCS Upstream Oil & Gas 2015 EditionUKCS Upstream Oil & Gas 2015 Edition
UKCS Upstream Oil & Gas 2015 Edition
 
Uk oil output 50 percent higher by 2018
Uk oil output 50 percent higher by 2018Uk oil output 50 percent higher by 2018
Uk oil output 50 percent higher by 2018
 
Sqm corp pres 4q17_final
Sqm corp pres 4q17_finalSqm corp pres 4q17_final
Sqm corp pres 4q17_final
 
Commodity Research Report 03 July 2017 Ways2Capital
Commodity Research Report 03 July 2017 Ways2CapitalCommodity Research Report 03 July 2017 Ways2Capital
Commodity Research Report 03 July 2017 Ways2Capital
 

Andere mochten auch

Fall Real Estate Conference 2013 - Remax
Fall Real Estate Conference 2013 - RemaxFall Real Estate Conference 2013 - Remax
Fall Real Estate Conference 2013 - RemaxWRONG PERSON
 
Juegos de invierno albertville 1992
Juegos de invierno albertville 1992Juegos de invierno albertville 1992
Juegos de invierno albertville 1992juampi186
 
Fall Real Estate Conference 2013 - Gibbons
Fall Real Estate Conference 2013 - GibbonsFall Real Estate Conference 2013 - Gibbons
Fall Real Estate Conference 2013 - GibbonsWRONG PERSON
 
Colorado Banking Trends
Colorado Banking TrendsColorado Banking Trends
Colorado Banking TrendsWRONG PERSON
 
Fall Real Estate Conference 2013 - Steve
Fall Real Estate Conference 2013 - SteveFall Real Estate Conference 2013 - Steve
Fall Real Estate Conference 2013 - SteveWRONG PERSON
 

Andere mochten auch (7)

Claussen
ClaussenClaussen
Claussen
 
Fall Real Estate Conference 2013 - Remax
Fall Real Estate Conference 2013 - RemaxFall Real Estate Conference 2013 - Remax
Fall Real Estate Conference 2013 - Remax
 
NZC - Normand
NZC - NormandNZC - Normand
NZC - Normand
 
Juegos de invierno albertville 1992
Juegos de invierno albertville 1992Juegos de invierno albertville 1992
Juegos de invierno albertville 1992
 
Fall Real Estate Conference 2013 - Gibbons
Fall Real Estate Conference 2013 - GibbonsFall Real Estate Conference 2013 - Gibbons
Fall Real Estate Conference 2013 - Gibbons
 
Colorado Banking Trends
Colorado Banking TrendsColorado Banking Trends
Colorado Banking Trends
 
Fall Real Estate Conference 2013 - Steve
Fall Real Estate Conference 2013 - SteveFall Real Estate Conference 2013 - Steve
Fall Real Estate Conference 2013 - Steve
 

Ähnlich wie Colorado's Oil Industry

BDO Global Energy Middle Market Monitor
BDO Global Energy Middle Market MonitorBDO Global Energy Middle Market Monitor
BDO Global Energy Middle Market MonitorBDO Spain
 
Strategic Analysis - Statoil
Strategic Analysis - StatoilStrategic Analysis - Statoil
Strategic Analysis - StatoilGeorge Demiris
 
UKCS Upstream Oil & Gas Report 2016 Edition
UKCS Upstream Oil & Gas Report 2016 EditionUKCS Upstream Oil & Gas Report 2016 Edition
UKCS Upstream Oil & Gas Report 2016 EditionDerek Louden
 
July 2012 Amplify - Current Development Projects in Northeast Ohio
July 2012 Amplify - Current Development Projects in Northeast OhioJuly 2012 Amplify - Current Development Projects in Northeast Ohio
July 2012 Amplify - Current Development Projects in Northeast Ohiocontempocommunications
 
Energy Industry Report: Energy Perspectives - January 2015
Energy Industry Report: Energy Perspectives - January 2015Energy Industry Report: Energy Perspectives - January 2015
Energy Industry Report: Energy Perspectives - January 2015Duff & Phelps
 
Oil Prices, the shale, the plunge and outlook
Oil Prices, the shale, the plunge and outlookOil Prices, the shale, the plunge and outlook
Oil Prices, the shale, the plunge and outlookErol Metin
 
2015 Rodney Wylie Lecture Slides
2015 Rodney Wylie Lecture Slides2015 Rodney Wylie Lecture Slides
2015 Rodney Wylie Lecture SlidesBEL_marketing
 
2015 Rodney Wylie Lecture Slides
2015 Rodney Wylie Lecture Slides2015 Rodney Wylie Lecture Slides
2015 Rodney Wylie Lecture SlidesMitchell Barclay
 
Market Report On Indian Oil & Gas By TheEquicom Research
Market Report On Indian Oil & Gas By TheEquicom ResearchMarket Report On Indian Oil & Gas By TheEquicom Research
Market Report On Indian Oil & Gas By TheEquicom ResearchTheEquicom Advisory
 
UGI presentation on customer conversions, Citigroup 2013 Global Energy and Ut...
UGI presentation on customer conversions, Citigroup 2013 Global Energy and Ut...UGI presentation on customer conversions, Citigroup 2013 Global Energy and Ut...
UGI presentation on customer conversions, Citigroup 2013 Global Energy and Ut...UGI_Corporation
 
Alberta vs Norway: Comparison of petroleum royalties (to 2012)
Alberta vs Norway: Comparison of petroleum royalties (to 2012)Alberta vs Norway: Comparison of petroleum royalties (to 2012)
Alberta vs Norway: Comparison of petroleum royalties (to 2012)DavidTKing
 
Ian taylor's presentation slides from the 2010 World National Oil Companies C...
Ian taylor's presentation slides from the 2010 World National Oil Companies C...Ian taylor's presentation slides from the 2010 World National Oil Companies C...
Ian taylor's presentation slides from the 2010 World National Oil Companies C...oilandgas
 
Niches - Opportunity for Europe
Niches - Opportunity for EuropeNiches - Opportunity for Europe
Niches - Opportunity for Europego.growth
 
Company Overview November 2014
Company Overview November 2014Company Overview November 2014
Company Overview November 2014AnteroResources
 
StealthGas Q2 2013 results presentation
StealthGas Q2 2013 results presentationStealthGas Q2 2013 results presentation
StealthGas Q2 2013 results presentationTradeWindsnews
 
Artificial+Lift+Market+by+Spears+Q1+15.pptx
Artificial+Lift+Market+by+Spears+Q1+15.pptxArtificial+Lift+Market+by+Spears+Q1+15.pptx
Artificial+Lift+Market+by+Spears+Q1+15.pptxger80
 
Global Economic Outlook for Ethanol Producers
Global Economic Outlook for Ethanol ProducersGlobal Economic Outlook for Ethanol Producers
Global Economic Outlook for Ethanol Producerskcoemkt
 

Ähnlich wie Colorado's Oil Industry (20)

BDO Global Energy Middle Market Monitor
BDO Global Energy Middle Market MonitorBDO Global Energy Middle Market Monitor
BDO Global Energy Middle Market Monitor
 
Cheap Oil and Gas, Employment and OFWs
Cheap Oil and Gas, Employment and OFWsCheap Oil and Gas, Employment and OFWs
Cheap Oil and Gas, Employment and OFWs
 
Strategic Analysis - Statoil
Strategic Analysis - StatoilStrategic Analysis - Statoil
Strategic Analysis - Statoil
 
UKCS Upstream Oil & Gas Report 2016 Edition
UKCS Upstream Oil & Gas Report 2016 EditionUKCS Upstream Oil & Gas Report 2016 Edition
UKCS Upstream Oil & Gas Report 2016 Edition
 
July 2012 Amplify - Current Development Projects in Northeast Ohio
July 2012 Amplify - Current Development Projects in Northeast OhioJuly 2012 Amplify - Current Development Projects in Northeast Ohio
July 2012 Amplify - Current Development Projects in Northeast Ohio
 
Energy Industry Report: Energy Perspectives - January 2015
Energy Industry Report: Energy Perspectives - January 2015Energy Industry Report: Energy Perspectives - January 2015
Energy Industry Report: Energy Perspectives - January 2015
 
Oil Prices, the shale, the plunge and outlook
Oil Prices, the shale, the plunge and outlookOil Prices, the shale, the plunge and outlook
Oil Prices, the shale, the plunge and outlook
 
oilrpiceeffect
oilrpiceeffectoilrpiceeffect
oilrpiceeffect
 
2015 Rodney Wylie Lecture Slides
2015 Rodney Wylie Lecture Slides2015 Rodney Wylie Lecture Slides
2015 Rodney Wylie Lecture Slides
 
2015 Rodney Wylie Lecture Slides
2015 Rodney Wylie Lecture Slides2015 Rodney Wylie Lecture Slides
2015 Rodney Wylie Lecture Slides
 
Market Report On Indian Oil & Gas By TheEquicom Research
Market Report On Indian Oil & Gas By TheEquicom ResearchMarket Report On Indian Oil & Gas By TheEquicom Research
Market Report On Indian Oil & Gas By TheEquicom Research
 
UGI presentation on customer conversions, Citigroup 2013 Global Energy and Ut...
UGI presentation on customer conversions, Citigroup 2013 Global Energy and Ut...UGI presentation on customer conversions, Citigroup 2013 Global Energy and Ut...
UGI presentation on customer conversions, Citigroup 2013 Global Energy and Ut...
 
Alberta vs Norway: Comparison of petroleum royalties (to 2012)
Alberta vs Norway: Comparison of petroleum royalties (to 2012)Alberta vs Norway: Comparison of petroleum royalties (to 2012)
Alberta vs Norway: Comparison of petroleum royalties (to 2012)
 
Ian taylor's presentation slides from the 2010 World National Oil Companies C...
Ian taylor's presentation slides from the 2010 World National Oil Companies C...Ian taylor's presentation slides from the 2010 World National Oil Companies C...
Ian taylor's presentation slides from the 2010 World National Oil Companies C...
 
Niches - Opportunity for Europe
Niches - Opportunity for EuropeNiches - Opportunity for Europe
Niches - Opportunity for Europe
 
Company Overview November 2014
Company Overview November 2014Company Overview November 2014
Company Overview November 2014
 
StealthGas Q2 2013 results presentation
StealthGas Q2 2013 results presentationStealthGas Q2 2013 results presentation
StealthGas Q2 2013 results presentation
 
Artificial+Lift+Market+by+Spears+Q1+15.pptx
Artificial+Lift+Market+by+Spears+Q1+15.pptxArtificial+Lift+Market+by+Spears+Q1+15.pptx
Artificial+Lift+Market+by+Spears+Q1+15.pptx
 
BP case study
BP case studyBP case study
BP case study
 
Global Economic Outlook for Ethanol Producers
Global Economic Outlook for Ethanol ProducersGlobal Economic Outlook for Ethanol Producers
Global Economic Outlook for Ethanol Producers
 

Mehr von WRONG PERSON

Fall Real Estate Conference 2013 - Jason Elliot
Fall Real Estate Conference 2013 - Jason ElliotFall Real Estate Conference 2013 - Jason Elliot
Fall Real Estate Conference 2013 - Jason ElliotWRONG PERSON
 
Fall Real Estate Conference 2013 - Shinneman
Fall Real Estate Conference 2013 - ShinnemanFall Real Estate Conference 2013 - Shinneman
Fall Real Estate Conference 2013 - ShinnemanWRONG PERSON
 
Fall Real Estate Conference 2013 - Patterson
Fall Real Estate Conference 2013 - PattersonFall Real Estate Conference 2013 - Patterson
Fall Real Estate Conference 2013 - PattersonWRONG PERSON
 
Fall Real Estate Conference 2013 - Driskell
Fall Real Estate Conference 2013 - DriskellFall Real Estate Conference 2013 - Driskell
Fall Real Estate Conference 2013 - DriskellWRONG PERSON
 
Fall Real Estate Conference 2013 - De Jong
Fall Real Estate Conference 2013 - De JongFall Real Estate Conference 2013 - De Jong
Fall Real Estate Conference 2013 - De JongWRONG PERSON
 
Fall Real Estate Conference 2013 - Power
Fall Real Estate Conference 2013 - PowerFall Real Estate Conference 2013 - Power
Fall Real Estate Conference 2013 - PowerWRONG PERSON
 
NZC - Plenary Slide
NZC - Plenary SlideNZC - Plenary Slide
NZC - Plenary SlideWRONG PERSON
 
NZC - Sylvester Colorado Cleantech
NZC - Sylvester Colorado CleantechNZC - Sylvester Colorado Cleantech
NZC - Sylvester Colorado CleantechWRONG PERSON
 
NZC - AEPI Grenoble
NZC - AEPI GrenobleNZC - AEPI Grenoble
NZC - AEPI GrenobleWRONG PERSON
 
Lankao csu october 2013
Lankao csu october 2013Lankao csu october 2013
Lankao csu october 2013WRONG PERSON
 
Pulse - Revolutionary Mindset
Pulse - Revolutionary MindsetPulse - Revolutionary Mindset
Pulse - Revolutionary MindsetWRONG PERSON
 
Pulse - Sponsor Reel
Pulse - Sponsor ReelPulse - Sponsor Reel
Pulse - Sponsor ReelWRONG PERSON
 
Bcbs health reform nov. 2013 v1
Bcbs health reform nov. 2013 v1Bcbs health reform nov. 2013 v1
Bcbs health reform nov. 2013 v1WRONG PERSON
 
Pulse - Allen Davis
Pulse - Allen DavisPulse - Allen Davis
Pulse - Allen DavisWRONG PERSON
 
NZC - Olgyay Scaling
NZC - Olgyay ScalingNZC - Olgyay Scaling
NZC - Olgyay ScalingWRONG PERSON
 

Mehr von WRONG PERSON (20)

Fall Real Estate Conference 2013 - Jason Elliot
Fall Real Estate Conference 2013 - Jason ElliotFall Real Estate Conference 2013 - Jason Elliot
Fall Real Estate Conference 2013 - Jason Elliot
 
Fall Real Estate Conference 2013 - Shinneman
Fall Real Estate Conference 2013 - ShinnemanFall Real Estate Conference 2013 - Shinneman
Fall Real Estate Conference 2013 - Shinneman
 
Fall Real Estate Conference 2013 - Patterson
Fall Real Estate Conference 2013 - PattersonFall Real Estate Conference 2013 - Patterson
Fall Real Estate Conference 2013 - Patterson
 
Fall Real Estate Conference 2013 - Driskell
Fall Real Estate Conference 2013 - DriskellFall Real Estate Conference 2013 - Driskell
Fall Real Estate Conference 2013 - Driskell
 
Fall Real Estate Conference 2013 - De Jong
Fall Real Estate Conference 2013 - De JongFall Real Estate Conference 2013 - De Jong
Fall Real Estate Conference 2013 - De Jong
 
Fall Real Estate Conference 2013 - Power
Fall Real Estate Conference 2013 - PowerFall Real Estate Conference 2013 - Power
Fall Real Estate Conference 2013 - Power
 
NZC - Plenary Slide
NZC - Plenary SlideNZC - Plenary Slide
NZC - Plenary Slide
 
NZC - Sylvester Colorado Cleantech
NZC - Sylvester Colorado CleantechNZC - Sylvester Colorado Cleantech
NZC - Sylvester Colorado Cleantech
 
NZC - AEPI Grenoble
NZC - AEPI GrenobleNZC - AEPI Grenoble
NZC - AEPI Grenoble
 
NZC - Ben Taube
NZC - Ben TaubeNZC - Ben Taube
NZC - Ben Taube
 
NZC - Thompson
NZC - ThompsonNZC - Thompson
NZC - Thompson
 
Lankao csu october 2013
Lankao csu october 2013Lankao csu october 2013
Lankao csu october 2013
 
NZC - Cateura
NZC - CateuraNZC - Cateura
NZC - Cateura
 
Pulse - Revolutionary Mindset
Pulse - Revolutionary MindsetPulse - Revolutionary Mindset
Pulse - Revolutionary Mindset
 
Pulse - Sponsor Reel
Pulse - Sponsor ReelPulse - Sponsor Reel
Pulse - Sponsor Reel
 
Pulse - Sessions
Pulse - SessionsPulse - Sessions
Pulse - Sessions
 
Bcbs health reform nov. 2013 v1
Bcbs health reform nov. 2013 v1Bcbs health reform nov. 2013 v1
Bcbs health reform nov. 2013 v1
 
Pulse - Allen Davis
Pulse - Allen DavisPulse - Allen Davis
Pulse - Allen Davis
 
NZC - Olgyay Scaling
NZC - Olgyay ScalingNZC - Olgyay Scaling
NZC - Olgyay Scaling
 
NZC - Di Nola
NZC - Di NolaNZC - Di Nola
NZC - Di Nola
 

Kürzlich hochgeladen

Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfMichael Silva
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?Stephen Perrenod
 
Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklosbeduinpower135
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneurabcisahunter
 
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxOffice for National Statistics
 
Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707harshan90
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.Arifa Saeed
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Matthews Bantsijang
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Guillaume Ⓥ Sarlat
 
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...mwangimwangi222
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoCoinGecko
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...Antonis Zairis
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Commonwealth
 
What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI360factors
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingHenry Tapper
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxPrecize Formely Leadoff
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources PresentationAdnet Communications
 

Kürzlich hochgeladen (20)

Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdf
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?
 
Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklos
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
 
Effects & Policies Of Bank Consolidation
Effects & Policies Of Bank ConsolidationEffects & Policies Of Bank Consolidation
Effects & Policies Of Bank Consolidation
 
Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024
 
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
 
Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024
 
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]
 
What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI
 
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB funding
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptx
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation
 

Colorado's Oil Industry

  • 1. Brief Overview of Colorado’s Oil Industry Rutilio Martinez Monfort College of Business University of Northern Colorado January 14, 2014
  • 2. 60 Oil Production Millions of Barrels 50 40 30 Colorado Weld 20 10 0 0 2 4 6 8 10 12 Year Average rate of growth between 2000 and 2012 Maximum production: 60 million barrels in 1956 Minimum production: less than 3 million in 1978 and in 1984 14
  • 3. Gas Production 1800 1600 1400 Millions of Cubic Feet 1200 1000 Colorado 800 Weld 600 400 200 0 0 2 4 6 8 Year Average rate of growth between 2000 and 2012 10 12 14
  • 4. Contribution of Oil & Gas, Leisure & Hospitality, Health Care, Scientific Research and Financial Services to Colorado's GDP Year Colorado's GDP Billions of $ Oil & Gas % Leisure & Hospitality % Health Care % Scientific Research % Financial Services % 2007 2008 2009 2010 2011 2012 242.6 252.5 245.4 254.5 264.7 274.0 2.21 3.30 2.11 2.37 2.48 3.70 4.6 4.4 4.3 4.5 4.7 4.8 5.5 5.7 6.3 6.3 6.3 6.2 6.3 6.6 6.5 6.5 6.6 6.5 19.1 19.0 19.8 19.8 19.0 18.8
  • 5. Contribution of Oil & Gas, Leisure & Hospitality and Financial Services to Employment. Year Colorado Millions of Jobs (December) Oil & Gas % Leisure & Hospitality % Financial Services % 2007 2.35 1.11 11.66 6.70 2008 2.32 1.28 11.54 6.56 2009 2.21 1.08 11.74 6.58 2010 2.23 1.12 11.99 6.45 2011 2.28 1.31 12.05 6.33 2012 2.33 1.28 12.31 6.32
  • 6. Wages in Colorado in 2012 State average: $49, 536 Average wage in the oil & gas industry Baca: $25,152 Douglas:$76,368 Garfield: $43,536 La Plata: $44,736 Larimer: $42,576 Weld: $39,888 . Tax Revenues Oil & gas industry generated $1.6 billion in tax revenues in 2012 This is equivalent to $817 per household.
  • 7. Countries where Hydraulic Fracturing is not allowed: 1. Bulgaria 2. Czech Republic 3. France 4. Germany 5. Luxembourg 6. Northern Ireland 7. Romania 8. Spain; in the province of Cantabria 9. Switzerland; in the canton of Fribourg