|
Section 2
<br />Statewide Demographic, Economic, and Social Setting
<br />Table 2-13 Colorado Golf Course Revenues (2002)
<br />Green Fees $189.51
<br />from the GSP figure provided by the Bureau of Economic
<br />Analysis because different methodologies are used to
<br />estimate the figures. USGS figures are based upon
<br />output reported by producers.
<br />Other Rentals $9.76
<br />Food and Beverage $90.16
<br />Dues/Initiations $134.81
<br />Other $18.16
<br />TOTAL $560.06
<br />Source: Davies, S., P. Watson, D. Thilmany. 2004. Resource
<br />and Environmental Aspects of Golf in Colorado. Departrnent
<br />of Agricultural and Resource Economics, Colorado State
<br />Universiiy, Fort Collins, Colorado. April 2004-APR 04-01.
<br />2.2.4 Mining in Colorado
<br />Economic and employment statistics for mining include
<br />non-fuel mineral production, coal mining, and oil and gas
<br />production. Government statistics on these industries are
<br />compiled by the USGS, the Bureau of Economic
<br />Analysis, and the U.S. Energy Information
<br />Administration. The Colorado Mining Association and the
<br />Colorado Petroleum Association also compiled data used
<br />in this report.
<br />2.2.4.1 Non-fuel Mineral Production
<br />The value of Colorado non-fuel mineral production was
<br />$717,344,000 in 2000. The dominant minerals, based
<br />upon value of production, are gold, sand and gravel,
<br />stone for aggregates, and molybdenum. Table 2-14
<br />shows the value of minerals produced in 1999, 2000, and
<br />2001.
<br />Table 2-14 Non-Fuel Mining Production Value
<br />Thousands of Dollars
<br /> ~,~ ~'
<br />Gold/Silver W 68,000 W
<br />Molybdenum
<br />Sand/Gravel Construction W
<br />217,000 54,000
<br />216,000 W
<br />197,000
<br />Crushed Stone 75,500 81,900 87,700
<br />Other Mining and 281,500 297,444 292,300
<br />Withheld Data ~
<br />TOTAL 574,000 717,344 577,000 j
<br />Source: USGS Minerals Yearbook - 2002
<br />W= Withheld to avoid disclosing company proprietary data,
<br />included with other Mining and Withheld Data.
<br />The Regional Economic Information System of the
<br />Bureau of Economic Analysis provides historical
<br />production figures, as shown in Table 2-15. The value of
<br />non-fuel mining production provided by the USGS differs
<br />~~
<br />Table 2-15 Colorado Non-Fuel Mining Production
<br />(Millions of Current Dollars)
<br />cr •s e~~ ~~
<br />GSP 496 202 147 326 360 377
<br />Source: Bureau of Economic Analysis
<br />Despite Colorado's mining heritage, and the fact that
<br />Colorado has the world's largest molybdenum mine and
<br />a large gold mine, Colorado is not considered a major
<br />mining state based upon value of production. The USGS
<br />does not rank Colorado in the top 10 mining producing
<br />states.
<br />2.2.4.2 Oil and Gas Production
<br />Water is typically injected into mature oil fields to
<br />increase oil and gas extraction. The amount of water
<br />used for oil and gas extraction is not significant, and may
<br />decline in future years. Nitrogen and carbon dioxide are
<br />increasingly being used for oil field injection instead of
<br />water in several western states. According to the
<br />Colorado Petroleum Association, in 2000 Colorado oil
<br />and gas extraction employment averaged 7,200 jobs, oil
<br />production was valued at $400 million, and gas
<br />production was valued at $2,830 million.
<br />The Regional Economic Information System of the
<br />Bureau of Economic Analysis provides historical figures,
<br />as shown in Table 2-16 below. The value of oil and gas
<br />production provided by the Colorado Petroleum
<br />Association differs from the GSP figure provided by the
<br />Bureau of Economic Analysis because different
<br />methodologies are used to estimate the figures.
<br />Table 2-16 Colorado Oil and Gas Production
<br />Millions of Current Dollars
<br />•«i " / IOf ti
<br />GSP 1,417 1,733 1,446 2,280 2,280 2,461
<br />Source: Bureau of Economic Analysis
<br />The production of coalbed methane (CBM) gas has
<br />increased rapidly in recent years. CBM production
<br />requires the removal of water from coal seams. The
<br />method of disposing CBM water and the impact of CBM
<br />production on aquifers are subjects of some public
<br />concern. Research has not clearly established any
<br />impact to aquifers from CBM production.
<br />~~
<br />Statew~itle Water Supply Inii'iative
<br />2-10 S:\REPORT\WORD PROCESSING\REPORT\S2 11-10.04.DOC
<br />
|