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WELD COUNTY, Colo. — Weld Canton is the epicenter of oil and gas development in Colorado.

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The canton has 20,532 alive wells — added than any added canton — accounting for 90 percent of Colorado’s oil production.

But some say there is a problem: abbreviating permits for new wells.

According to an assay by FOX31, in 2017-2018, accompaniment regulators accustomed about 350 permits anniversary month.

However, back the access of SB 181 in April 2019, permits accept been averaging about 148 a ages — a abatement of added than 50 percent.

Weld Canton is seeing the impact.

In 2017, 2,466 new permits were accustomed by the Colorado Oil and Gas Conservation Commission.

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By comparison, through October of this year, 1,470 new permits were accustomed for Weld County, with 880 actuality accustomed afore SB 181 was active into law.

Some in the breadth are anxious about the appulse on the bounded economy.

Team Tom is a gym and T-shirt adornment business amid in Greeley.

Owner Tom Forsyth says his T-shirt business has suffered tens of bags of dollars account of losses in contempo months because oil and gas audience aren’t purchasing new shirts. Forsyth says they are cogent him the acumen is a abatement in permitting.

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“It absolutely has slowed down,” Forsyth said, adding, “They are adage they aren’t accepting new permits pulled so there is no new oil. so they  can’t absorb new money until they apperceive what the ramifications will be.”

Local governments are additionally ecology impacts.

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According to Commissioner Barbara Kirkmeyer, Weld Canton will acquaintance account issues if the allowing trend continues.

In 2019, oil and gas companies were burdened about $490 million. The funds go against things like firefighters, libraries and schools.

Weld Canton taxes activity companies based off production, which agency wells accustomed for permits a few years ago are still actively bearing ample quantities of tax revenue. However, if allowing continues to decrease, assembly will eventually abatement off.

“Millions of dollars will be impacted,” Kirkmeyer said.

Any article that relies on acreage tax will alpha seeing the appulse of a bead in permits,” Kirkmeyer added.

Colorado Oil and Gas Conservation Commission admiral acquaint FOX31 the bead in allowing is accompanying to admiral accepting to cross the new oil and gas law.

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COGCC says they are continuing to assignment with Weld Canton leaders, which accept declared the canton a 1041 county, giving bounded leaders added control.

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Megan Castle, a backer for the COGCC, accelerate the afterward statement:

“Since SB 19-181, COGCC has added four agents and fabricated improvements to its allowing agreement to abode allowing needs, as able-bodied as for Weld County’s 1041 appropriate activity commune declaration. The cardinal of admittance numbers biconcave beneath SB 19-181, to acquiesce for the COGCC to actualize and apparatus belief that angle these applications in a address that protects accessible health, safety, welfare, the ambiance and wildlife. Now, COGCC believes we will be allowing about 20 area permits anniversary ages and works with anniversary abettor on their antecedence list.”

Of course, there are affluence of Coloradans admiring with the bead in allowing — including Anne Lee Foster of Colorado Rising, a accumulation that aims to “protect our communities from the dangers to accessible bloom and assurance of deposit ammunition operations – from abstraction to agitation – to advance the alteration off deposit fuels, and to assure our ambiance for approaching generations.”

“Yes, if we appetite a adequate planet, we charge abatement the bulk of permits actuality approved,” Foster said.

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