Oil & Gas Industry Giants Spend Millions in Attempt to Defeat Anti-Fracking Proposition in Colorado

Colorado voters have managed to get a statewide anti-fracking measure on the November ballot. Proposition 112 would require companies to place new wells at least 2,500 feet from homes, schools, waterways and other areas designated as "vulnerable." This distance is two-and-a-half to five times the current state regulation. The initiative is unprecedented in its scope because it potentially bars new wells on 95 percent of land in top-producing counties. Industry executives are watching with concern, fearful that Proposition 112 could encourage similar measures across the nation. In response, the oil and gas industry has spent millions to defeat Proposition 112, while at the same time putting millions of dollars behind a different measure on the ballot that would amend the constitution to allow property owners to sue their local governments for regulating industries like fracking. We are joined by David Sirota, investigative reporter for Capital & Main.