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Study: Wyoming Loses Billions of Dollars Due to Drilling Ban


Written by Andrew-Rossi on March 8, 2021
Thanks to the University of Wyoming, there are hard numbers to back up the fears of how much the ongoing oil and gas moratorium will impact Wyoming’s economy.
The University of Wyoming’s Enhanced Oil Recovery Institute is predicting a severe loss of oil revenue for the State of Wyoming. This is due directly to the moratorium on oil and gas drilling on federal lands imposed by the Biden Administration.
President Joe Biden signed Executive Order 13990 in January. Under the order, all leases authorized by the Trump Administration are going to be reviewed to see how they conflict with new policies to counter climate change. ....

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Wyoming leaders warn of economic impact of Biden's 60-day oil and gas leasing ban


(Shutterstock)
CASPER, Wyo Wyoming’s Governor and Congressional leaders weighed in last week on the Biden administration’s 60-day suspension of new oil and gas leasing and drilling permits for U.S. lands and waters. Department of the Interior Acting Secretary Scott de la Vega signed the order on Wednesday.
Governor Mark Gordon Thursday called the ban  “unnecessary, punitive and contrary to President Biden’s pledge to unify our nation and get people back to work.”
“These types of federal actions threaten the ability of Wyoming’s energy industries to operate in a normal fashion and signal a larger threat to our state’s economic vitality. This is a disheartening start to the new Administration,” he added. ....

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2020: A budget crisis, energy transitions and a virus that changed everything


2020: A budget crisis, energy transitions and a virus that changed everything
Wyoming Governor Mark Gordon during a COVID-19 briefing on Sept. 9, 2020 (courtesy of Wyoming Public Broadcasting YouTube)
Though some may wish it flushed into obscurity, 2020 will occupy an indelible spot in history. 
It was a year defined by tumult and change, a year when “unprecedented” was used so many times it nearly lost its meaning. It was a year of bitter divisions and traumatic loss. 
Article continues below.
Most of this tectonic shifting was wrought by COVID-19 and the global pandemic it ushered into the world. 
That pandemic hit Wyoming in March, disrupting life as coronavirus infected what would become at least 35,000 residents. Shutdowns followed, and loss, isolation and frustration rippled through the state. The economic blow worsened an already dire financial picture. Protests and debates underlined political chasms.  ....

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