Contact Us

Wyoming Nets $2B On Federal Coal Sales Since ’92

The coal industry says the state of Wyoming has earned just over $2 billion on federal coal lease sales over the last 20 years. Marion Loomis, executive director of the Wyoming Mining Association, says Arch Coal’s successful $300 million bid in the Powder River Basin earlier this month pushed the state’s share of lease revenue to $2.08 billion.

The lease of the federally-owned coal by an Arch subsidiary came out to $1.35 per mineable ton, a new Wyoming record.

The state gets half the proceeds from federal coal lease sales and uses most of the money to fund schools. Coal production in Wyoming has doubled over the last two decades. The mining association says more than 400 million tons are now mined each year.

Story from Associated Press

More From News Talk KGVO

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newstalkkgvo.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on News Talk KGVO Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Register on News Talk KGVO Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!