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Dr. Rob Godby, Director

Center for Energy Economics & Public Policy

Dept. 3985

1000 E. University Ave.

Laramie, WY 82071

Phone: 307-766-3843

Email Dr. Godby

Center for Energy Economics and Public Policy


Center for Energy Economics & Public Policy

In the News


April 6, 2016 - (High Country News) - "University of Wyoming economist Robert Godby estimates that a 17 percent decline in Western coal production this year, as predicted by the Energy Information Agency, could translate into roughly 1,000 layoffs, about twice what’s already been announced." Read more

April 5, 2016 - ( - "Last week’s mine layoffs have rattled the foundations of Gillette, Wright, Douglas and other communities in northeast Wyoming, which were already suffering from major losses in oil and gas jobs... [Robert Godby] said in the past year, Wyoming coal producers were reluctant to cut back production, not wanting to lose market share. But an extremely warm winter left utilities with flush stockpiles of coal — that, along with bankruptcy filings, is forcing Wyoming mines to cut back on production." Read more

April 1, 2016 - (The Daily Caller) - "Wyoming locals have been furious with the Obama administration’s coal lease moratorium, which they see as another hurdle being put up by government bureaucrats...University of Wyoming energy economist Robert Godby told the Associated Press that temporarily banning coal leases puts “more nails in the coffin” of coal companies." Read more

March 28, 2016 - (Casper Star Tribune) - "Wyoming wind revenues fell by 15 percent in 2015, an unwelcome drop at a time when the the state is already suffering the effects of a pronounced downturn in the oil, natural gas and coal sectors...Robert Godby, a professor who studies power markets at the University of Wyoming, said no wider market trends explain the state’s tax decrease." Read more

March 25, 2016 - (The Wall Street Journal) - Robert Godby, the Director of University of Wyoming’s Center for Energy Economics and Public Policy, does not see job gains in the natural-gas sector making up for inevitable job losses in coal production in his analysis of the U.S. Environmental Protection Agency’s proposed Clean Power Plan rules could further dent jobsRead more

March 16, 2016 - (The Wall Street Journal) - Peabody Energy Corp. may delcare bankruptcy after a two-year battle with low energy prices, the lastest of several bankruptcies in America's coal industry.  Economics Associate Professor, Robert Godby, discussed the growing anxiety surrounding Peabody's troubles in this article. Read more

March 5, 2016 - (Casper Star Tribune) - "The Clean Power Plan specifically requests public input, noted Robert Godby, a professor of energy economics at the University of Wyoming. Other states, after holding conversations with utilities and the public, have come forward with suggestions on how to reduce the burden and cost to power companies and rate payers. Wyoming, by refusing to participate, has not come forward with any proposals that may reduce the impact to the state — to say nothing of a solution that may benefit it, Godby said." Read more

February 26, 2016 - (UWyo Magazine) - "Whether it’s assessing salary ranges or predicting future turns in the economy, economics Associate Professor Robert Godby’s research helps the state make important decisions. “I got into economics because I wanted to make a difference. I always wanted to try to make public policy a little better,” says Godby, who serves as director of the School of Energy Resources’ Center for Energy Economics and Public Policy." Read more

February 19, 2016 - (Sputnik News) - "The agreement aiming to stabilize the volatile oil market is subject to other oil producing countries following suit. "In such an event we could see an increase in the oil price… but there are a lot of 'ifs' in that line of reasoning," professor of Petroleum and Natural Gas Economics at the University of Wyoming Charles Mason said Friday." Read more

February 19, 2016 - (Peoria Public Radio) - "Robert Godby, an associate professor of Economics and Finance at the University of Wyoming and director of the university’s Center for Energy Economics and Public Policy said coal is facing a perfect storm. "When you burn it, you get about double the carbon dioxide out of coal as you do out of natural gas," he said, "so as companies look forward they think about their investment decisions, they’re thinking more gas, especially while it’s cheap." Read more

February 18, 2016 - (K2 Radio) - "A sixth panelist has been added to a group of experts (including Dr. Charles Mason) from academia, government and industry to discuss implications and opportunities stemming from the recent international agreement on carbon emissions Wednesday, Feb. 24, at the University of Wyoming." Read more

February 18, 2016 - (St. Louis Public Radio) - "With gas prices low, power companies are less likely to upgrade older coal plants in order to meet new regulations. In November natural gas surpassed coal as the leading source for U.S. power generation. The first time that happened was in April of last year. Robert Godby, an associate professor of Economics and Finance at the University of Wyoming and director of the university’s Center for Energy Economics and Public Policy said coal is facing a perfect storm." Read more

February 16, 2016 - (Planet Jackson Hole) - "Some call the coal industry’s collapse an economic decision, not a political one. Dr. Robert Godby is chair of the department of economics and finance at the University of Wyoming. “The demand for coal is falling off,” Godby told The Planet. He explained that as natural gas has become cheaper, and produces fewer greenhouse gas emissions, it would be foolish of companies not to invest in it." Read more

February 13, 2016 - (Casper Star Tribune) - "A great deal of the incentive for carbon capture and utilization is based on coal’s importance to the U.S. power sector, said Robert Godby, director of the Center for Energy Economics and Public Policy at the University of Wyoming. But the economic rationale for clean coal technology wanes as more and more plants retire and coal’s peers become more competitive, he said." Read more

February 12, 2016 - (Casper Star Tribune) - "The market for thermal coal (i.e. the coal used for power generation) is largely domestic, says Robert Godby, director of the Center for Energy Economics and Public Policy at UW. China mostly consumes imports of metallurgical coal used in steel making. That helps explain the bankruptcies of large producers like Alpha Natural Resources and Arch Coal, which operate metallurgical mines in the eastern U.S., but doesn’t explain declining demand for thermal coal." Read more

February 11, 2016 — "Experts (including Dr. Charles Mason) from academia, government and industry will discuss implications and opportunities stemming from the recent international agreement on carbon emissions Wednesday, Feb. 24, at the University of Wyoming." Read more

February 3, 2016 - (CBS News) - "Safety is always an issue in the mines, and as costs become more important, it is something that can be skimped on," said Robert Godby, director of the Center For Energy Economics and Public Policy at the University of Wyoming. "People hate to shut down a mine, and when times get really tight and you see unemployment above 10 percent in a lot of those counties, how do you keep a mine operating? Safety becomes a trade-off to keep your job." Read more

February 1, 2016 - (The Christian Science Monitor) - "Robert Godby, director of the Center for Energy Economics and Public Policy at the University of Wyoming in Laramie, said the twin pressures of market conditions and new regulations has crippled the coal industry, perhaps permanently.  The leasing moratorium, he added, represents "more nails in the coffin. I don't want to say they’re already dead, but you get the idea." While the moratorium is expected to mostly impact western states, coal towns in Appalachia have been adapting to the decline of coal for years now." Read more

February 1, 2016 - (College of Business FOCUS magazine) - "The heart of Rob Godby's research is at the policy end.  The analysis he completes provides him and policy makers with the knowledge it takes to make better informed decisions on regulatory changes within the energy sector." Read more

February 1, 2016 - (College of Business FOCUS magazine) - "Dr. Timothy Considine has published research on petroleum market analysis in the top economics journals.  The Cato Institute has published his work exploring management policy issues facing the U.S. Strategic Petroleum Reserve."  Read more

January 22, 2016 - (Las Vegas Review-Journal) - "The U.S. economy experienced a landmark moment this month when the nation began exporting crude oil for the first time in four decades. And a local professor played a role in making the international trades happen. UNLV economics professor Steve Brown co-authored a study that helped shape a federal law that ended the 40-year ban on petroleum exports." Charles Mason is quoted. Read more


August 3, 2015 - CEEPP Analysis of EPA Clean Power Plan. Read more

July 21, 2015 - Rising cost of Powder River Basin mining adds to coal crunch (WyoFile) - The dynamics that placed coal among the main pillars of Wyoming's economy for the past 40 years are changing rapidly. Read more

July 21, 2015 - Clean Power Plan may cut Wyo coal revenue 31-63 percent (WyoFile) - Wyoming's coal industry - a longtime powerhouse of the state economy - faces headwinds that experts say may strengthen with time. Read more

July 17, 2015 - Coal Miners Pressed on Cleanup Costs (The Wall Street Journal) - State and federal regulators are pressing U.S. coal companies to prove that they can pay for the cost of cleaning up after they are finished mining, putting new financial pressure on an industry already facing historic strains. Read more

July 16, 2015 - Stock Exchange Suspends Trading of Alpha Shares (Wyoming Public Radio) - The New York Stock Exchange suspended trading of Alpha Natural Resources Thursday amid concerns about bankruptcy. Read more

June 10, 2015 - The Future of Wyoming Coal (Here and Now) - Peabody Energy, the world's largest private coal company, announced plans this week to eliminate 250 corporate and regional support positions in Missouri, Indiana, and Wyoming. Listen

June 8, 2015 - Rocky Mountain Power imagines a future with less coal (Casper Star Tribune) - The largest utility in Wyoming, the country's top coal-producing state, envisions a future less reliant on the carbon-rich mineral.  Read more

April 28, 2015 - IE Questions: In Wyoming, How Much Coal Does a Miner Mine? (Inside Energy) - America's top coal-producing state isn't in Appalachia. It is halfway across the country in the Mountain West: Wyoming. Read more

April 7, 2015 - Wyoming's coal industry faces uncertain future (High Country News) - Wyoming depends on coal. In February, a team led by University of Wyoming economist Robert Godby released a study that demonstrates just how much. Read more

March 31, 2015 - Clean Power Plan could tank Wyo. coal industry - report (Governors' Wind Energy Coalition) - A new University of Wyoming economic study said the future of the Cowboy State's coal industry and coal-fired power plants could sink under the weight of U.S. EPA's proposed Clean Power Plan.  Read more

March 17, 2015 - Wyoming may feel China's declining coal consumption (China Daily) - China's declining use of coal may be felt from Australia to the United States, especially the US state of Wyoming where coal is major part of the economy. Read more

March 9, 2015 - University of Wyoming Economic Study Identified Impacts Relative to Wyoming's Coal Industry (Wyoming Infrastructure Authority) - A new study quantifying the direct and indirect benefits realized by Wyoming from the coal industry was released today... Read more

March 2, 2015 - Can Wyoming work with Clean Power Plan? ( - Forecasts for Wyoming's dubious coal industry have generated conflicting results...  Read more

February 19, 2015 - Oil Prices 2015 (Wyoming Signatures) - University of Wyoming economist Rob Godby offers insight into causes of the drop in oil prices over the last half-year as well as discusses the impact it has on Wyoming. Watch

February 6, 2015 - "It's Like Being The First One To See The Asteroid": An Interview About Wyoming's Coal Future (Wyoming Public Radio) - In recent years there's been plenty of discussion and a lot of worry in Wyoming about the future of coal. Listen

February 6, 2015 - Coal looks to recover from its woes in 2015, but doubts remain (Casper Star Tribune) - To hear miners at Perkins Tavern on Main Street tell it, coal is the present and future of this small, northeast Wyoming town.  Read more

February 5, 2015 - EPA's carbon regs could cut Wyo. coal output 45% by 2030 (Wyoming Business Report) - According to a yet-to-be-released study by the University of Wyoming's Center for Energy Economics and Public Policy, the Environmental Protection Agency's planned carbon emissions standards for coal-fired power plants could cause a decline in Wyoming coal output by 20 to 45 percent in 2030. Read more

February 2015 - The Impact of the Coal Economy on Wyoming (Robert Godby, Roger Coupal, David Taylor, Tim Considine) - Read Summary Report - Read Full Report


December 20, 2014 - School Facilities Commission talks long-term funding (Casper Star Tribune) - Members of the Wyoming School Facilities Commission on Wednesday discussed two studies on long term funding for the department and its projects.  Read more

December 19, 2014 - School Facilities Commission considers long-term funding (Wyoming Tribune Eagle) - Wyoming may be heading for a larger discussion of school financing. Read more

November 13, 2014 - Wyoming coal: tougher sell with U.S.-China climate deal (Casper Star Tribune) - Wyoming coal exports will likely suffer as a result of an agreement by the United States and China to cut carbon dioxide emissions, analysts said Wednesday.  Read more

October 30, 2014 - Single new transmission line could be worth $100M a year (Wyoming Business Report) - When the University of Wyoming launched the School of Energy Resources in 2006, UW College of Business Associate Professor Rob Godby didn't think it would really have any impact on his work...Read more

September 26, 2014 - UW Receives $4.25 Million DOE Grant to Explore Wind Energy (University of Wyoming) - The University of Wyoming has received a $4.25 million Department of Energy-EPSCoR grant to research wind farm modeling, transmission grid monitoring and the economics derived from wind-generated power. Read more

September 1, 2014 - Wyoming Wind Power Has Nowhere To Go (Here and Now)- Since Wyoming has an abundance of energy, the utility company is looking to sell the wind-generated power to other states. But for now, there is no infrastructure in place to do that. Listen

August 1, 2014 - Income Inequality in Wyoming (Wyoming Signatures) - Wyoming has the highest income equality in the United States. University of Wyoming economist Dr. Robert Godby gives some reasons for this... Watch

July 15, 2014 - A Canary for Coal Mines (High Country News) - Late last month, a federal judge in Colorado stopped a coal-mining lease expansion from going forward, claiming that the agencies involved had not worked hard enough to account for climate impacts... Read more

July 11, 2014 - School Construction Faces Current Labor Shortage, Future Revenue Decline (Wyoming Public Radio) - It's a tense public meeting in Rawlins. School district officials here recently learned that the latest contractor bid to build a new Rawlins High School is $7 million over budget. Listen

June 2, 2014 - Wyoming politicians blast new EPA coal plant carbon rules (Casper Star Tribune) - A question settled over the country's top coal-producing state Monday: What do the Obama administration's new pollution standards on coal-fired power plants mean for Wyoming? Read more

May 8, 2014 - Robert Godby at Saturday U: Income Inequality and America's Coming Economic Challenges (University of Wyoming) - Robert Godby, Associate Professor of Economics and Finance at University of Wyoming presented his talk on income inequality in American society... Watch

April 10, 2014 - Sierra Club: Leave Wyoming's coal and oil shale in the ground (WyoFile) - A new report lists the Powder River Basin coal formation and the Green River oil shale formations as among the world's largest potential "climate disrupters."  Read more

April 3, 2014 - Oil and Gas is Risky (Branding Iron) - In order to best deal with unknown [oil] prices, [UW Economics Professor Chuck Mason] said oil companies utilize an economic phenomenon known as arbitrage...Read more

April 1, 2014 - Freedom of Movement (Laramie Boomerang) - A University of Wyoming economics professor presented his findings about an interstate electricity transmission line at a stakeholder meeting of the Wyoming Infrastructure Authority. Read more

January 7, 2014 - 'Dismal' economists showing optimism (Wyoming Business Report) - It seems almost a contradiction in terms - optimism in the "dismal science." Read more

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October 9, 2013 - Five years after the bottom dropped out (Wyoming Business Report) - September 15th marked an important anniversary in the United States - the five-year anniversary of the day the bottom fell out of American financial markets. Read more

April 7, 2013 - The Cost of Compliance: Forging a Future ( - Industry officials, environmental regulators and activists agree progress has been made in improving the environmental profile of steel mills around the country. Read more

April 7, 2013 - Wanted: Manufacturing jobs with higher wages ( - University of Wyoming energy economics professor Timothy Considine believes all jobs are not created equal.  Considine, who has studied the metals and mining sector, said communities could fawn over manufacturing enterprises, especially those in steel, because of the large ripple effects that can be felt throughout the regional and national economy. Read more

April 1, 2013 - Rock-bottom natural gas price driving big shift to oil (Casper Star-Tribune) - In a swamped market, companies that historically produce natural gas are switching commodities.  They're drilling for crude oil. Read more

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May 16, 2012 - Study: Pa. Shale Regulations Reduced Environmental Violations (Rigzone) - A new report by researchers at the University of Buffalo (UB) indicates that Pennsylvania's regulatory approach has been effective at maintaining a low probability of serious environmental events and in reducing the frequency of environmental violations. Read more

May 15, 2012 - Pennsylvania gets high marks for rein on drilling for gas (The Washington Times) - Pennsylvania over the past three years has greatly reduced the number of environmental incidents related to natural gas drilling, and state officials appear fully able to oversee the industry without intrusion from the federal government, according to a study released Tuesday. Read more

May 15, 2012 - Fracking Safety Improves Dramatically, Says Independent Study (Forbes) - Fracking is getting safer and should present no major environmental problems in New York when the state allows drilling to commerce - that's the headline from a university-funded study released today by the Shale Resources and Society Institute at the University of Buffalo. Read more

May 15, 2012 - NY Report: State regs reduce gas-drilling impacts (Associated Press) - A study by the University at Buffalo's new shale gas institute concludes that state oversight of gas drilling has been effective at reducing environmental problems. Read more

May 15, 2012 - Gas Drillers in Pennsylvania Trim Risks of Harm, Study Finds (Bloomberg) - Natural-gas drillers in Pennsylvania's Marcellus Shale reduced the rate of blowouts, spills and water contamination by half since 2008, according to a study based on state-agency actions.  Read more

May 15, 2012 - UB's Shale Resources and Society Institute Examines Violations in Developing Natural Gas in Pennsylvania's Marcellus Shale (University at Buffalo) - The University at Buffalo's Shale Resources and Society Institute today issued a report, "Environmental Impacts During Shale Gas Drilling: Causes, Impacts and Remedies," which offers the first quantitative data review of Pennsylvania's regulation of hydraulic fracturing of natural gas. The report's authors -- UB institute director John P. Martin, University of Wyoming professor Timothy J. Considine... Read more

May 4, 2012 — UW to host "Power Generation and the Environment: Choices and Economic Trade-offs" Symposium Oct. 1-2 (University of Wyoming) - Determining the economic and environmental "sweet spot" of power generation is the objective of "Power Generation & the Environment: Choices and Economic Trade-offs," a symposium hosted by the University of Wyoming Oct. 1-2. Read more

March 26, 2012 - America's Steel Industry is Leading Manufacturing Out of the Recession (PR Newswire) - A just-released report by Timothy J. Considine, professor of energy economics, University of Wyoming, reveals that the American steel industry is playing a significant role in leading manufacturing's post-recession resurgence primarily because it is highly integrated with many other sectors of the economy... Read more

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December 14, 2011 - Phony Fracking Fears for NY (New York Post) - Opponents of gas drilling and hydraulic fracturing in New York got a boost last week when the EPA issued a draft report that found that chemicals used in gas wells may have contaminated a shallow-water aquifer in Pavillion, Wyo.  Read more

October 18, 2011 - Is shale gas our silver lining? (BBC Radio 4 Today) - Is shale gas the answer to rising energy prices? Listen here

September 21, 2011 - Natural Gas Policy: Access, Not Over-Regulation and Subsidies (The Heritage Foundation) -The need for plentiful, affordable energy, as well as a political interest in reducing greenhouse gas emissions and dependence on foreign oil has pushed natural gas to the forefront of U.S. energy policy. Read more

July 26, 2011 - A Tale of Two Shale States (Wall Street Journal) - More than 2,000 wells have been drilled in the keystone State since 2008, and gas production surged to 81 billion cubic feet in 2009 from 5 billion in 2007. A new Manhattan Institute Report by University of Wyoming Professor Timothy Considine estimates that a typical Marcellus well generates some $2.8 million in direct benefits from natural gas company purchases; $1.2 million in indirect benefits from companies engaged along the supply chain; another $1.5 million from workers spending their wages, or landowners spending their royalty payments; plus $2 million in federal, state, and local taxes.  Read More

June 27, 2011 - Obama Was Right About the SPR Release (Forbes Magazine) - Last week, President Barack Obama announced that, in response to the loss of Libyan crude to the global market, he was ordering the largest release of crude oil from the federally owned Strategic Petroleum Reserve (SPR) in U.S. history...Read More

June 9, 2011 - Hydrofracturing (Manhattan Institute) - The Center for Energy Policy and the Environment advances ideas about the practical application of free-market economic principles to address today's energy issues. Watch here

April 11, 2011 - Could Shale Gas Power the World? (Time Magazine) - Natural gas from shale rock promises to provide cleaner, abundant energy for the U.S. and the world. But there's a catch. Read More

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September 14, 2010 - UW Professor Speaks Before Congressional Natural Gas Caucus (University of Wyoming) - Timothy Considine was battling traffic in Washington D.C. on Tuesday morning and looking forward to arriving at the airport. "It'll be good to be back in Wyoming," he says with a chuckle. But Considine was hardly complaining. His trip to the nation's capitol was worth it. Read more

July 12, 2010 - UW Professor to Present Powder River Basin Coal Research Work in Washington D.C. (University of Wyoming) - University of Wyoming Professor Tim Considine will discuss his Powder River Basin coal study Friday, July 16, at a national meeting in Washington D.C. Read More

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