Wyoming coal is likely declining faster than expected
Tuesday, April 09, 2019
Warning bells are ringing across Wyoming’s Powder River Basin that the largest producing coal region of the country is in big trouble.
One of the largest players, Cloud Peak Energy, is likely facing bankruptcy. A newcomer to coal country, Blackjewel LLC has struggled to pay its taxes despite increasing production, and the total volume of Wyoming’s black rock that miners are estimated to produce – a number that translates to jobs, state and county revenue — keeps going down.
After the coal bust of 2015, when 1,000 Wyoming miners lost work and three coal companies went through bankruptcy, a period of stability settled over the coal sector in Wyoming.