As Colorado oil production increases, smart and strong regulations are reducing oil spills. In 2014, the volume of oil spilled decreased by 38%. The fraction of oil spilled – .03% – is the lowest in 16 years and means the industry is containing more than 99.99% of all produced oil.
In 2014, stricter spill reporting requirements updated existing law so that any spills over 1 barrel (42 gallons) must be reported within 24 hours. Naturally, as a result of this stricter rule, more incidents have been reported. Overall however, the volume of spills continues to decrease—proving that Colorado’s strong regulatory framework works.
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Want to learn more about fracking? What is in fracking fluid? How much water does fracking use? Click here to get the facts on fracking in Colorado – from our state’s stringent regulations to how it powers our economy and supports our communities.
