FOR IMMEDIATE RELEASE
​June 26, 2018​
CONTACT
Shelby DeMars
406-660-1969
Bureau of Business & Economic Research Releases Study on Economic Impact of Colstrip 
(Helena, Mont.)–In an economic study released today by the University of Montana’s Bureau of Business & Economic Research and the Montana Chamber Foundation, a study of the economic impact of Colstrip Units 3 & 4 showed that, should those units face closure, the impact on Montana’s economy would be significant and widespread.
“The study showed that not only would the closure of Colstrip Units 3 & 4 result in the loss of thousands of jobs, but it would be extremely harmful for local government,” said Richard Dunbar, Chair of the Montana Association of Oil, Gas, & Coal Counties. “Oil, gas, and coal revenue all play a critical role in ensuring local governments have sufficient funding to support our schools and critical services for our communities. This study confirms what many already knew–that coal is critical to the lives of many Montanans and without it many counties will be left with to deal with large budget shortfalls. We need to work together to make sure that Colstrip 3 & 4 continue to operate long into our future.”
For a copy of the study, visit the Chamber Foundations website at: http://www.montanachamber.com/colstrip-study-2018/
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The Montana Association of Oil, Gas, & Coal Counties is a non-profit corporation representing 34 member counties as well as cities, schools, and individuals. MAOGCC provides leadership on energy issues and  works to promote  responsible energy development for the future of Montana.

In reaction to the decision of the Nebraska Public Service Commission to approve the alternate route for TransCanada’s Keystone XL pipeline, Richard Dunbar, President of the Montana Association of Oil, Gas, & Coal Counties, made the following statement:

“The Nebraska Public Service Commission’s approval of the Keystone XL Pipeline will help grow the economy of our state and provide good-paying, stable jobs for Montanans,” said Dunbar. “This decision is particularly important for those Montana counties that would be directly impacted by the influx of employment opportunities and tax revenue this project would generate. This is great news for Montana, and for our nation’s energy future.”

Montana Association of Oil, Gas, and Coal Counties. 1820 N Last Chance Gulch. Helena, MT 59601.