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Unformatted text preview: eology, and Colorado Business Economic Outlook Committee. 22 Page 19 2012 Colorado Business Economic Outlook COLORADO MInInG AnD LOGGInG
MINING AND LOGGING EMPLOYMENT
(In Thousands) more than 70%. This projected increase in average
household expenditure will result from a forecasted
4% increase in prices and a 1% decline in consumption. The National Oceanic and Atmospheric
Administration (NOAA) estimates that the total
heating degree days in the 2011-12 winter will be
2% warmer in the lower 48 states compared to the
previous winter. Regionally, the Mountain West,
including Colorado, is projected to be 3% colder.
Colorado is a top natural gas-producing state. EIA
estimates that conventional and unconventional
output from several Colorado basins in 2009
accounted for nearly 7% of the annual U.S. natural
gas production, making it the fifth-largest producing state. The industrial and residential sectors are
the leading natural gas-consuming sectors...
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