Not that it matters that much in Utah anyway, where the ground is mostly owned by the federal government, and it’s not letting the energy, the jobs or the money out.
North Dakota, which is about 3 percent federally owned, just passed the million-barrel-a-day mark for crude production, making it one of the top producers in the nation. Meanwhile Utah, which is over 60 percent federally owned, produces about a tenth that amount but is sitting on the potential for $7 billion annually in economic value, a billion or so in tax revenues, and over 50,000 jobs, according to an analysis by Sutherland’s Coalition for Self-Government in the West. But, while oil production on private lands has increased by about a million barrels a day since 2009, production on federal lands has been flat. That’s bad news for Western states that are mostly controlled by D.C. bureaucrats.
And it’s a lot of lost opportunity.
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