Abstract
The U.S. is undergoing a rapid energy transition, driven in large part an explosion in oil and gas production driven by unconventional drilling technologies. Some communities have embraced the boom in new oil and gas production, often resisting efforts to regulate the oil and gas industry. On the other hand, some states and municipalities have effectively banned new oil and gas drilling. In this paper, we examine how natural resource dependence, local economic conditions, and perceived economic benefits relate to support for restrictive oil and gas regulations in Colorado, US. Using representative survey data, our results suggest that perceived benefits, especially in the form of tax revenue, predict oil and gas policy preferences, while local and personal economic circumstances have little impact.
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