About 94% of the U.S. proved oil reserves are located in 10 states, including Colorado. The state is ranked 9th with 423 billion barrels, well behind Texas, with 7,014 billion barrels.
Eighty-nine of the country’s 139 refineries are located in the top ten states for proved oil reserves… Sixty-two refineries are located in Texas, Louisiana, and California. Colorado has two refineries.
Colorado is a leader in the extractive industries, which has also made it a focal point for opposition to the industry.
©Copyright 2011 by CBER.