April 16, 2024
The BLM's new oil and gas leasing rules has effectuated new oil and gas leasing rules for the first time since 1988.
The new rules adjust bond amounts for the first time since 1966, increase royalty rates for the first time in over a century (leasing has only been in place for a century). Bond rates will go from $10,000 to $150,000 and state-wide bonding requirement for operators with more than from $25,000 to $500,000.
Governor Gordon criticizes oil and gas rule that raises costs to producers
CHEYENNE, Wyo. –Governor Mark Gordon is criticizing an announcement from the Department of Interior last week that will increase the costs to oil and gas companies seeking to drill on federal lands. The Governor used the following statement:
“If there was any doubt, it could not be more clear now that the Department of Interior has lost its way. Within a day of announcing its renewable energy rule designed to promote the equivalent of a modern-day gold rush of development for renewables by reducing fees and rents on federal lands by 80%, Interior issued an oil and gas rule increasing costs to Wyoming’s industry by 1400%.
America surely needs more energy, including from renewable sources. What our country does not need are policies that greatly reduce the return to our nation’s taxpayers while simultaneously increasing the impacts and burdens on states and communities. We don’t need policies that increase the costs to consumers while also reducing reliability, or rules that sharpen the threat of industrializing our open spaces and crucial wildlife habitat without recognizing the importance of balance in our energy portfolio. These policies should seem misguided to most Americans of every stripe who love our country. Instead of experience and practicality, DOI has doubled down on bias, dogma, and politics. America is suffering as a result.
It is time we get back to common-sense energy policy. I will continue to fight against federal policies that are short-sighted and antagonistic to Wyoming’s industries, our workers, and our way of life. We need to build a realistic, all-of-the-above energy strategy that correctly plans a future of reliable and dispatchable power and properly accounts for – and balances – the costs and impacts of all energy sources.”
April 19, 2024
Tensions in the Middle East have jumped the price of oil back up.
April 27, 2024
Ur Energy will reopen It's in situ uranium mine and processing plant in Shirley Basin in 2026.
The UAW has entered into a tentative deal with Daimler.
Wyoming is suing the Federal government over a methane rule.
Wyoming Sues Biden Administration Over Costly and Burdensome Methane Rule
CHEYENNE, Wyo. – Wyoming has joined the states of North Dakota, Montana and Texas in suing the U.S. Department of Interior and Bureau of Land Management (BLM) over a new rule that undermines existing state regulatory programs and harms Wyoming oil and natural gas producers.
The suit was filed this week in the U.S. District Court for the District of North Dakota. The rule – commonly known as the “methane waste prevention rule” and released last month – is an attempt by the Department of Interior to re-introduce a similar rule adopted by the Obama Administration in 2016. That rule was previously blocked by a Wyoming federal court.
The new rule requires oil and gas companies to pay royalties on flared gas, driving up costs for producers and resulting in increased costs to consumers, the Governor said.
“This rule is yet another example of the Biden Administration attempting to use rulemaking to undermine state authority and suffocate the oil and gas industry,” Governor Gordon said. “We will continue to defend Wyoming’s interests in court whenever they are under attack by the federal government.”
Governor Gordon has previously pointed out Wyoming is a national leader in regulating methane gas, with the Wyoming Department of Environmental Quality and Wyoming Oil and Gas Conservation Commission working cooperatively with oil and gas producers to reduce emissions. The states’ complaint explains that the new rule conflicts with state regulations and in certain instances, creates less stringent standards.
The states’ complaint may be found here.
In a major action, a new EPA rule may actually end coal-fired power plants by 2032. Tom Lubnau on that matter:
Tom Lubnau: EPA Increases Wyoming Industry Political Risk, Again
That would be an epic level change in electrical generation in the United States, although its something we've seen coming for a long time:
Coal: Understanding the time line of an industry
May 9, 2024
There has been a 20% reduction in the demand for Wyoming coal in the first quarter of the year.
May 14, 2024
The US has changed regulation to make construction of high tension lines easier.
The US has banned imports of Russian uranium.
May 16, 2024
Governor Gordon Outraged by BLM’s No Coal Leasing Selection in the Powder River Basin
CHEYENNE, Wyo. – Governor Mark Gordon responded forcefully to an announcement by the Bureau of Land Management (BLM) that it had selected the “No Leasing” alternative in its Buffalo Coal Resource Management Plan Supplemental Environmental Impact Statement (SEIS). The BLM’s choice means it is all but determined that coal leasing in the Powder River Basin will not be permitted past 2041. The Governor’s statement follows:
“With this latest barrage in President Joe Biden’s ongoing attack on Wyoming’s coal country and all who depend upon it, he has demonstrated his lack of regard for the environment, for working people, and for reliable, dispatchable energy. This decision, compounded by the recent EPA rules, ensures President Biden’s legacy will be about blackouts and energy poverty for Wyoming’s citizens and beyond.
All the cards are on the table now. At the highest levels the Biden Administration – including Interior Secretary Haaland – have shown a complete disregard for blue-collar workers and their families; local communities and neighborhood businesses; the aspirations of local governments and economic development entities; university scientists and others diligently working on viable solutions to climate concerns; as well as the livelihoods of power plant employees and anyone who relies on dependable, affordable, and attainable electricity.
This SEIS is not about making a well-informed decision. It is about Joe Biden’s partisan, vindictive, and politically motivated war on America’s abundant, cheap, efficient, and consistent energy sources – one that holds practical and achievable goals to remove carbon dioxide from our atmosphere. This administration touts its preference for “best available science” yet only chooses to highlight the science that advances their job- and career-killing agenda.
As Governor, I am profoundly disappointed that our nation’s highest executive leadership has chosen to ignore innovation and opportunity to grovel at the feet of coastal elites. I promise that the State of Wyoming will fully utilize the opportunities available to kill or modify this Record of Decision before it is signed and final. The issues we face globally right now are too important and too urgent to dither away with incoherent policies and wrongheaded initiatives. As with the other attacks on Wyoming’s fossil fuel industries, the Attorney General is actively pursuing options to challenge these destructive decisions.”
-END-
March 17, 2024
Biden admin seeks to end new Powder River coal leases
May 21, 2024
The price of Gold has hit a new high.
May 26, 2024
May 28, 2024
May 30, 2024
Wyoming Joins 19-State Lawsuit Against California and Four Other States Whose Actions Threaten Nation’s Energy System
May 23, 2024
The State of Wyoming has joined an Alabama-led 19-state coalition asking the Supreme Court to declare unconstitutional the efforts of California, Connecticut, Minnesota, New Jersey, and Rhode Island to dictate the future of American energy policy.
Those five states have brought unprecedented litigation against the nation’s most vital energy companies for an alleged “climate crisis,” and are demanding billions of dollars in damages. As litigation proceeds in their state courts, California and the other states threaten to impose ruinous penalties and coercive remedies that would affect energy and fuel consumption and production across the country, including Wyoming. The coalition raises the grave constitutional problems with California’s extraordinary tactics and asks the Supreme Court to take up a multi-state lawsuit.
“Wyoming’s core industries are under attack, not only from the federal government, but from other states that depend on the resources that we produce,” Governor Gordon said. “We will defend our industries in the courts, and guard against other states' attempts to set national energy policy outside the boundaries of their own state. The State of Wyoming strongly believes that each state has the ability to pursue their preferred policies within their own jurisdiction, but will not idly stand by when other states use their own policies to dictate energy policies in Wyoming and other states. Our Constitution prohibits that very notion.”
The Supreme Court will decide whether to hear the 19-state lawsuit against California and the other four proposed defendants. The coalition argues that traditional energy sources like oil, natural gas, and coal are essential for American prosperity. The states also argue that the matter is of utmost importance because our system of federalism gives each state no more power than any other state.
In April, Wyoming signed the Alabama-led 20-state amicus brief in the Supreme Court asking the Court to review a lawsuit filed by the City and County of Honolulu, which also seeks to impose billions of dollars in penalties on the energy industry. Honolulu claims that the companies deceived consumers about the emissions created by everyday products like gasoline. The Supreme Court has not yet ruled on the energy companies’ request to hear the case.
In addition to Wyoming, the Alabama-led suit was joined by Alaska, Florida, Georgia, Idaho, Iowa, Kansas, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Oklahoma, South Carolina, South Dakota, Utah, and West Virginia. A copy of the lawsuit may be found here.
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