Organized by the Loveland Energy Action Project, founded by former state representative B.J. Nikkel, the rally will feature business representatives and residents who have signed a pledge to vote against a moratorium on oil and gas drilling.
Speakers at the rally will include Loveland councilmen Dave Clark and Hugh McKean; Home State Bank president Harry Devereaux; and Mark Bower, chairman-elect of the board of the Colorado Bankers Association.
“They’re there to give the message that they stand with Loveland Energy Action Project against Question 1 on the Loveland city ballot,” Nikkel said. “There’s so much misinformation out there floating around in Loveland and just a lot of emotional hype about what hydraulic fracturing is.”
The rally comes ahead of a June 24 election on Question 1, which asks Loveland voters whether to pass a two-year moratorium on hydraulic fracturing, also known as fracking. The drilling technique involves pumping millions of gallons of water, sand and chemicals into a drilled hole to extract oil and gas from shale.
The Loveland Chamber of Commerce and Loveland-Berthoud Board of Realtors have said they oppose the proposed moratorium.
Activists have pushed for bans before health studies determine whether fracking affects public health. The oil and gas industry contends that fracking is safe.
Voters in Fort Collins, Longmont, Lafayette, Broomfield and Boulder have passed bans on fracking.