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News|Center for Energy Economics & Public Policy

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Dr. Robert Godby
Director
Center for Energy Economics & Public Policy
Dept. 3985
1000 E. University Ave.
Laramie, WY 82071
Phone: 307-766-3843
Email: rgodby@uwyo.edu
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Oil and Gas is Risky

April 3, 2014 - Branding Iron - By Sean Feehan - 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

Freedom of Movement

April 1, 2014 - Laramie Boomerang - By C.W. Wilkinson - 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

Solar Switch Costly Initiative

May 23, 2013 - Atlanta Journal Constitution - invited op-ed by Timothy Considine - The beauty of the Greek Trojan horse ultimately led to the downfall of Troy.  Clean renewable energy is also very attractive, but it comes with a price. Read more

The Cost of Compliance: Forging a Future

April 7, 2013 - NWI.com - By Bowdeya Tweh - Industry officials, environmental regulators and activists agree progress has been made in improving the environmental profile of steel mills around the country. Read more

Wanted: Manufacturing jobs with higher wages

April 7, 2013 - NWI.com - By Bowdeya Tweh 

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

Rock-bottom natural gas price driving big shift to oil

April 1, 2013 - Casper Star-Tribune - By Kyle Roerink - In a swamped market, companies that historically produce natural gas are switching commodities.  They're drilling for crude oil. Read more

Study: Pa. Shale Regulations Reduced Environmental Violations

May 16, 2012 - Rigzone - By Karen Boman - 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

Pennsylvania gets high marks for rein on drilling for gas

May 15, 2012 - The Washington Times - By Ben Wolfgang

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

Fracking Safety Improves Dramatically, Says Independent Study

May 15, 2012 - Forbes - Jon Entine - 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

NY Report: State regs reduce gas-drilling impacts

May 15, 2012 - Associated Press - By Mary Esch - 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

Gas Drillers in Pennsylvania Trim Risks of Harm, Study Finds

May 15, 2012 - By Jim Efstathious Jr. - 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

UB's Shale Resoruces and Society Institute Examines Violations in Developing Natural Gas in Pennsylvania's Marcellus Shale

May 15, 2012 - BUFFALO, N.Y. -- 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 and Pennsylvania State University professor emeritus Robert W. Watson -- examined 2,988 violations, from nearly 4,000 natural gas wells, processed by the Pennsylvania Department of Environmental Protection (PADEP) from January 2008 through August 2011. Read more

UW to host "Power Generation and the Environment: Choices and Economic Trade-Offs" Symposium Oct. 1-2

May 4, 2012 — 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

Modern Steel Construction

March 26, 2012 - In an interview with Modern Steel Construction, UW Economics Professor Tim Considine says America's steel industry is playing a significant role in leading manufacturing out of the recession. Professor Considine's comments also appeared in such media outlets as Digital Journal and Market Watch.

Steel Industry Leads U.S. Manufacturing Recovery

3/21/2012 -

America’s steel industry is leading manufacturing out of the recession, according to a new report by Timothy J. Considine, professor of energy economics, University of Wyoming.

Considine’s analysis, “Economic Impacts of the American Steel Industry,” finds the industry supported more than one million jobs in the U.S. economy in 2011 and is playing a significant role in leading manufacturing’s post-recession resurgence, primarily because it is highly interrelated with many other sectors of the economy. Read more

Digital Journal

March 20, 2012-- The global digital media network Digital Journal quotes a report by UW Economics Professor Timothy Considine in an article about the steel industry's role in leading manufacturing's post-recession resurgence.

Clean, Green, What could go wrong?

February 24, 2012-- CEEPP Director Tim Considine serves on American Enterprise Institute panel discussion covered by CSPAN, "Clean, Green, What could go Wrong?"

Phony Fracking Fears for NY

December 14, 2011-- Considine quoted in New York Post article by Manhattan Institute senior fellow, Robert Bryce, Phony Fracking Fears for NY.

U.S. Oil & Gas Production

December 6, 2011-- CEEPP Director weighs in about rising U.S. oil and gas production in WyoFile article.

BBC Radio

October 18, 2011-- The BBC Radio 4 Today programme in London interviews UW energy economist on a discovery of shale gas off Lancashire, impacts of shale gas on energy markets.

Natural Gas Policy

9/21/2011 - Dr. Tim Considine is quoted in a Heritage Foundation report on natural gas policy.

A Tale of Two Shale States

7/26/2011 - Quoted in the Wall Street Journal Review & Outlook: A Tale of Two Shale States. 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. Oh, and 62 jobs. Read More>

Exposing the Demonizers of Shale Gas

7/2/2011 - UW Economics Professor Tim Considine is quoted in a Op-ed piece titled "Exposing the Demonizers of Shale Gas". Read More>

Obama Was Right About The SPR Release

6/27/2011 - UW Economics Professor Tim Considine recently constructed a model of the global oil market and simulated the impact of a 30-million barrel release of crude from the Strategic Petroleum Reserve. His research is referenced in this Forbes article. "One of the nation's top oil economists--Timothy Considine from the University of Wyoming--" Forbes Magazine. Read More>

Hydrofracturing

6/9/2011 - UW Economics Professor Tim Considine's work is featured in an article appearing in Real Clear Markets. His findings are also referenced in the blog Politics on the Hudson. A video featuring Professor Considine's latest study comparing the economic benefits with the environmental impacts on shale energy development can be accessed by clicking on the Manhattan Institute for Policy Research link.

Could Shale Gas Power the World?

4/11/2011 - UW Economics Professor Tim Considine is quoted in Time Magazine feature article that asks if shale gas could power the world. Read More>

The Green Jobs Myth

4/11/2011 - In an opinion piece on potential jobs that could be created by hydraulic fracturing development in Pennsylvania, Forbes magazine cites research conducted by UW Economics Professor Tim Considine. Read More>

UW Professor to Present Powder River Basin Coal Research Work in Washington D.C.

7/12/2010 - 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>

UW Professor Speaks Before Congressional Natural Gas Caucus

9/14/2010 - 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>

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