By Cindy DeLancey President, Wyoming Business Alliance

Wyoming is a vast state, as anyone who lives here or has even driven through here knows. But perhaps not as well-known is the amount of our land that’s utilized by the public, and the significance of that land. More than 18 million surface acres of public lands in Wyoming, an area larger than West Virginia, are overseen by the Bureau of Land Management (BLM), which also manages 43 million acres of mineral rights, more than the size of Florida.[1] To put it another way: 29 percent of the state’s land is public and managed by BLM; 69 percent of our land has BLM-managed minerals, including oil and natural gas. The importance of these resources to Wyoming cannot be overlooked, and they should be appreciated for what they provide the state, our communities, and the millions of visitors who come here to enjoy our unique outdoor activities. It is critical to our state’s economic prosperity. The Federal Land Management and Policy Act requires BLM to manage these lands under the principles of multiple use and sustained yield, which includes mineral development, recreation, and many other uses.[2] Nationwide, activity on BLM-managed land has a $105 billion economic impact. Specifically in Wyoming, that impact is $18.7 billion and supports 65,000 jobs.[3] The oil and gas industry, while just one aspect of public lands activity, provides the largest economic benefit and contributes in various ways throughout the state and local communities. Oil and gas activity on public lands in Wyoming generates a $13.2 billion annual economic benefit to the state.[4] “The oil and gas industry will remain a committed, responsible and vital part of Wyoming's economy, as well as a valued partner to her people,” said Gov. Mark Gordon recently in response to the release of BLM’s final environmental impact statement for a multi-billion dollar project in Converse County.[5] In terms of the actual production of public lands minerals, the federal government collects royalties on energy production, including $12 billion from oil and gas activities nationwide in 2019.[6] The government then disburses about half of those funds back to the states. Wyoming’s share of those mineral royalties was $641 million last year, second only to New Mexico. Where do those resources go? A number of our state’s public services. For example, about 44 percent ($282 million) went directly to the state’s School Foundation.[7] That’s just part of the story, though, because the benefits of oil and gas production in Wyoming aren’t just limited to production on federal land. In 2019, Wyoming collected mineral severance taxes of $678 million, more than two-thirds of which came from oil and gas production.[8] And royalties paid to Wyoming for production on state-owned lands totaled $139 million in 2019.[9]

All told, oil and gas production in Wyoming contributed $1.7 billion to state and local governments in 2019. The largest portion of that – $705 million – supported K-12 education in the state.[10] There are nearly 92,000 students in Wyoming public schools, and education costs are about $15,700 per student per year. That’s $1.4 billion, meaning oil and gas production supports half of the statewide student population.[11] Another way of looking at it is that there are about 7,200 teachers in Wyoming (16,000 including administrators and support staff), who earn an average of $62,000 per year.[12] That’s about $440 million. So the numbers are clear: the oil and gas industry plays a very critical role in our state’s budget and education funding. While revenue will be down in 2020 due to extreme market conditions, it’s important to recognize that the oil and gas industry understands the long-term value of energy and continues to invest in Wyoming. Access for multiple use activities on federal public lands is essential to a strong and vibrant Wyoming economy. [1] https://www.blm.gov/wyoming [2] https://www.blm.gov/or/regulations/files/FLPMA.pdf [3] https://www.blm.gov/about/data/socioeconomic-impact-report [4] https://www.blm.gov/about/data/socioeconomic-impact-report [5] https://www.blm.gov/node/22285 [6] https://revenuedata.doi.gov/ [7] P. 41 - http://eadiv.state.wy.us/creg/GreenCREG_Oct19.pdf [8] P. 38 - http://eadiv.state.wy.us/creg/GreenCREG_Oct19.pdf [9] P. 33 - http://eadiv.state.wy.us/creg/GreenCREG_Oct19.pdf [10] https://pawyo.org/facts-figures/ [11] https://portals.edu.wyoming.gov/Reports/(S(hcnufwbvyetvdb3rjwdycsqe))/Public/wde-reports-2012/finance/stat-3 [12] https://reporting.edu.wyo.gov/ibi_apps/run.bip?BIP_REQUEST_TYPE=BIP_LAUNCH&BIP_folder=IBFS%253A%252FWFC%252FRepository%252FStat2%252F&BIP_item=StateStaffbyCategoryAvgSalaryHTML.htm



CINDY DELANCEY

Cindy DeLancey currently serves as the President of the Wyoming Business Alliance and the Wyoming Heritage Foundation. Prior to joining her current role, she served as the Director of Government and Public Affairs - Wyoming for BP’s US Lower 48 onshore exploration and production business. Before joining BP, she served as the Carbon County and Prosecuting Attorney, a Special Assistant United States Attorney and the Executive Director of the Wyoming County Commissioners Association. Cindy has been a two time nominee for the Wyoming Business Report's Women of Influence award and is a Past Chairman of the Petroleum Association of Wyoming’s Government and Public Relations Committee and served as the Chairman of the Wyoming Board of Law Examiners. Cindy graduated from the University of Wyoming College of Law in 2000.


Wyoming Business Alliance

The Wyoming Business Alliance serves as the state's premier business advocate and proponent with the mission of promoting and advocating a growing economy by connecting business leaders from across Wyoming, representing business interests and issues, and partnering with key business organizations and trade associations. For more information, visit www.wyomingbusinessalliance.com.

Wyoming Business Alliance

 PO Box 3197, Cheyenne, Wyoming 82003

 307.635.9490

 cindy@wyoba.com

© 2018 Wyoming Business Alliance. Wyoming Business Alliance is a 501(c)(6) organization. Wyoming Heritage Foundation is a 501(c)(3)organization. 

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