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Sources colorado geological survey mineral and

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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 EMPLOyMEnT MINING AND LOGGING EMPLOYMENT 2003–2012 2003-2012 (In Thousands) (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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