Colorado election: Proposition 112, which would have increased oil and gas setbacks, fails

Colorado voters rejected Proposition 112 in the state’s first referendum on oil and gas setbacks.

Results as of late Tuesday stood at 43 percent in favor and 57 percent against. It fared better in Larimer County, with 47 percent of the vote in unofficial results Tuesday evening. The measure needed 50 percent to pass.

Had Proposition 112 passed, Colorado would’ve voted in the country’s largest mandatory buffer between new wells and homes, schools, waterways and other areas deemed “vulnerable”: 2,500 feet, five times the existing standard of 500 feet.

“We’re grateful that Coloradans stood with the energy sector to oppose this measure,” said Dan Haley, president and CEO of the Colorado Oil and Gas Association, in a statement. “I want every Coloradan to know that we are committed to developing our resources in a responsible manner that protects the environment and keeps our employees and communities healthy and safe.”

The group backing the measure was heavily outspent: Protect Colorado, funded almost exclusively by the oil and gas industry, spent about 43 times more money than Colorado Rising, the committee supporting the measure.

Protect Colorado poured more than $36 million into an opposition campaign portraying the measure as draconian and economically destructive.

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