Mineral Extraction On Federal Lands Crucial To Wyoming Economy

wyoming-flag-graphicA report recently released by the United States Chamber of Commerce shows that Wyoming would lose nearly $900 million in annual revenues if mineral extraction on federal lands ceased in the state. The report examined what would happen to state revenue if federal mineral extraction were to stop entirely in Wyoming. Results showed that the state could lose over 32,000 jobs and just under $900 million a year from mineral royalties causing an estimated $9 billion to be drained from the states GDP. The study was commissioned in response to the growing “keep it in the ground” movement which supports ending or phasing out mineral extraction on federal lands and waterways.

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