November 3, 2024 - The University of Wyoming School of Energy Resources has introduced its first “Consolidated Review of Energy in Wyoming,” or CREW, report, aiming to provide regular insights on the state’s energy landscape.

Released Nov. 1, this report offers a one-stop summary of Wyoming’s major energy sectors, including crude oil, natural gas, coal, uranium, wind and soda ash, as well as employment trends and tax collections.

Dawson Kluesner, assistant research professional in the Center for Energy Regulation and Policy Analysis, or CERPA, spearheaded the report’s creation. According to Kluesner, the report addresses a gap in consolidated economic data for energy professionals and policymakers in Wyoming.

“We listened to energy industry professionals who desired a comprehensive monthly report to summarize economic data,” Kluesner said.

The monthly CREW report also tracks economic indicators and employment trends across Wyoming’s energy sectors. Currently, natural resource and mining employment shows minimal change, decreasing by just 0.96% from June 2023 to June 2024. Coal, however, has faced significant declines, with production down by 22.14% as of June.

The CREW report includes trends in the state’s primary energy commodities. Coal prices saw a minor drop of 2.31% year-over-year as of September, while uranium production surged with a 68,201-pound output in the second quarter, marking a significant uptick. Crude oil and natural gas have shown steady production, aligning with state forecasts despite some market fluctuations.

CERPA Director Kara Fornstrom highlighted the report’s collaborative roots, saying, “We have benefited from numerous conversations with stakeholders to create a monthly report that is comprehensive in nature.”

Wyoming residents, policymakers, and energy professionals can access the CREW report through the University of Wyoming’s CERPA website. The full report for November can be found here.