A report released today by the Sutherland Institute Center for Self-Government in the West finds that, based on high-, medium-, and low-usage scenarios, the state’s economy could add between about $1.2 billion and $6.7 billion and 9,400 to 58,000 jobs annually by developing oil, gas and renewable energy on federal lands within the state. Developing these resources could also contribute as much as $1.2 billion in annual taxes.
The report is based on a newly released study by University of Wyoming Professor Timothy Considine that models the economic values of energy resources on federal lands in seven Western states. The full report is available at www.EndFedAddiction.org.
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