Tag: Wyoming
Tiny Wyoming tops oil and gas giant Texas by a mile as biggest energy producing state
Wyoming provides 40% of American coal, is 6th biggest natural gas producer EIA recently released State Energy Data System estimates for net energy supply, which provide data on each state’s total primary energy production and consumption. Wyoming, Texas, Pennsylvania, West Virginia, and North Dakota ranked as the top five net suppliers of energy in 2015, according to […]
Proposed Brook Mine in Wyoming would extract coal for uses other than electricity
Brook Mine in Powder River Basin A company looking to open a new coal mine in Wyoming’s Powder River Basin says it will not use the coal it mines in coal-fired power plants, but is instead looking to develop value-added products using the much maligned fossil fuel. Ramaco Resources owns the land the proposed Brook […]
Peabody reorganization at risk from Wyoming litigation
Peabody reorganization in jeopardy over disputed lease By Tracy Rucinski NEW YORK, Jan 23 (Reuters) – Peabody Energy Corp’s plan to emerge from Chapter 11 bankruptcy faces a “material risk” that the U.S. coal producer could suffer a $1 billion revenue loss due to a disputed lease at the world’s largest coal mine, according to […]
Unlawful oil and gas lease cancellations in Bridger-Teton National Forest
“We are ready to work with the Trump Administration to create jobs and economic opportunities.” – Sgamma Kathleen Sgamma of the Western Energy Alliance says the Obama Administration is rushing through new anti-oil and gas rules, including illegally cancelling leases in the Bridger-Teton National Forest of Wyoming. The US Department of Agriculture’s (USDA) has issued the […]
In 2015, US coal production, consumption, and employment fell over 10%
2015 employment at US coal mines in decreased by 12% to 65,971 employees US coal production dropped by more than 10 per cent in 2015 to 897 million short tons (MMst), the lowest production level since 1986, according to the US Energy Information Administration. Production in all three major coal-producing regions (the Appalachian, the Interior, and […]
Peabody Energy turns to grass in Wyoming to cut liabilities
Peabody Energy looking to emerge from bankruptcy by next April By Tracy Rucinski GILLETTE, Wyo., July 25 (Reuters) – A squad of about ten Peabody Energy Corp. miners clad in steel-toed boots and hard hats climbed into massive bulldozers on a recent morning, ready to create rolling hills of grass over former pits at the […]
White House says it will defend fracking rules in the courts
Federal fracking rules set aside by Wyoming judge WASHINGTON, June 22 (Reuters) – The White House said on Wednesday it would continue to defend in the courts its legal authority to set rules governing hydraulic fracturing on public lands. “We happen to believe that we have a strong argument to make about the important role […]
U.S. court sets aside Obama administration fracking rules for public lands
White House vows to appeal fracking ruling By David Bailey and Ernest Scheyder June 22 (Reuters) – A federal judge has struck down the Obama administration’s rules for hydraulic fracturing on public lands, a victory for oil and gas producers and state regulators who opposed the rules as an egregious overreach. The ruling, which the White House […]
Fracking means 70% reduction in Wyoming oil and gas land footprint – report
By using horizontal development, companies are using “as few as one or two well pads per square mile.” A new report released this week by the Western Energy Alliance and the Petroleum Association of Wyoming highlights how technological advances in drilling have substantially reduced the environmental impact of oil and gas operations in the West. […]
State severance tax revenues decline as fossil fuel prices drop
Texas tax revenue from natural gas (48%) and oil (51%) were down significantly in 2015 Several states that collect significant revenue from severance taxes on fossil fuel extraction are re-evaluating current and upcoming operating budgets and taxation structures to address revenue shortfalls, according to the US Energy Information Administration. Severance taxes are often imposed on the extraction […]
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