Skip to Main Navigation. Each navigation link will open a list of sub navigation links.

Skip to Main Content

Apply to the University of Wyoming apply now

Global Resource Navigation

Visit Campus
Download UW Viewbook
Give to UW


College of Business

Economics News - 2015

December 22, 2015 - "The U.S. oil glut has recently moved crude toward 11-year lows at $35 a barrel, wreaking havoc on oil and gas companies that have little incentive to drill if a profit is meager or not possible. Though this phenomenon has caused an industry-wide recession and hurt drillers in Wyoming, for example, the greater sage grouse has profited, says Jason F. Shogren, an environmental economist at the University of Wyoming. Read more

December 18, 2015 — Lifting the ban on crude oil exports will reduce gasoline prices in the United States, according to an analysis co-written by Charles Mason, the H.A. True Chair in Petroleum and Natural Gas Economics at the University of Wyoming. Read more

December 4, 2015 - (High Country News) At the BLM, a mixed record for renewables on public lands - Will the Paris talks help break bureaucratic deadlocks? What role could the Paris climate conference have in giving public lands a bigger role in realizing a clean energy future? Paris may be one of those seminal moments where we decide to make climate change a priority. Read more

December 2, 2015 - (Road to Paris) - Between the 1970s and the 1980s, economists analysed the costs of pollution, the risks of depleting natural resources and the unaccounted benefits brought by the environment to the economy. Studies in this field led to the “Blueprint for a green economy” – the first publication to use this term – issued in 1989 by David Pearce, Anil Markandya and Edward BarbierRead more

Novemver 23, 2015 - The Wyoming Business Report reported on Wyoming’s popular Economic Forecast Luncheon returning to Casper this year with the engaging economist Anne Alexander keynoting and a panel of experts contributing to the discussion.

November 23, 2015 - Ed Barbier's article, Overcoming Environmental Scarcity and Inequality appeared in Making It, a quarterly magazine published by UNIDO.  In the article he discusses his most recent book, Nature and Wealth.

November 19, 2015 - UW economist Rob Godby was interviewed by High Country News about the economic impacts caused by declining oil and gas prices.

November 18, 2015 - (Bakken News) - Why many states are panicked by the federal Clean Power Plan - The four huge power plants that stand smoking in Colstrip, Montana, don’t just employ hundreds of workers. They pay property taxes that allow the city of some 2,000 people to afford services other remote, rural communities lack, such as a parks and recreation department. Read more

November 17, 2015 - WPM interviewed Anne Alexander, associate vice president for undergraduate education, who says despite fears of more attacks, she does not think recent events in Paris will affect enrollment in European study-abroad programs for UW students next semester.

November 16, 2015 - Read Edward B. Barbier's article, Overcoming Environmental Degradation and Wealth Inequality in the Asia-Pacific Region, The Asia-Pacific Journal, Vol. 13, Issue. 44, No. 1, November 16, 2015.

November 15, 2015 - (High Country News) - Clean Power Plan blocks view of real trouble dogging coal companies - Arch Coal, on the verge of bankruptcy, now trades at less than $1.50 per share, dragged down by debt run up buying metallurgical coal mines. Read more

November 13, 2015 - The Pew Charitable Trust Fund interviewed UW economist Rob Godby about the Clean Power Plan’s effects. He said that he anticipated that Wyoming’s combined natural gas and coal revenue could fall as much as 46 percent by 2030.

November 13, 2015 - "How to Measure Sustainable Progress" in Science - As nations work to meet the SDGs, their Statistical Offices should begin to prepare wealth accounts and track movements in wealth through time. Read more

November 10, 2015 - UW economist Anne Alexander told the Southeast Wyoming Economic Forecast luncheon audience that the United States economy has recovered nicely the last few years with the addition of 13 million lost jobs, noted the Wyoming Business Report.

November 10, 2015 - Professor Edward Barbier, author of "Nature and Wealth: Overcoming Environmental Scarcity and Inequality", discusses economic changes in China in the article, Nature and Wealth: A Parable from Beijing, of China's US Focus Digest.

November 7, 2015 - High Country News quotes Robert Godby, associate economics professor at the University of Wyoming, in an article about Arch Coal's expected bankruptcy and the future of the coal industry.

November 6, 2015 - (Wyoming Business Report) - While the energy production downturn is starting to impact state revenues and spurring business closures and layoffs, Wyoming banks appear to be in good shape. “Banks are well capitalized,” said Sherrill Shaffer, the Guthrie Distinguished Professor of Banking and Financial Services in the University of Wyoming College of Business Department of Economics and Finance. “Overall, they are healthy.”

November 6, 2015 - Mount Moran Supercomputer Helps UW Scientists Reach Peak Performance (WyoFile) - Grab a pencil and write the number 150. Then add 12 zeros. As in trillions. That’s how many calculations per second the University of Wyoming’s Mount Moran supercomputer can use to crunch problems such as how life forms evolve... Read more

November 5, 2015 - Charles Mason, UW professor of petroleum and natural gas economics, comments on Wyoming's energy plan in UW's The Branding Iron.

November 4, 2015 - El Mercurio, in Santiago, Chile, interviewed UW economist Jay Shogren about the energy industry. Shogren told the newspaper that people worldwide should be prepared to pay higher prices for fossil fuels such as oil and coal. He discussed climate change issues in the article. Shogren also was interviewed in Puerto De Ideas in Valparaiso, Chile, on similar subjects.

November 1, 2015 - Jason Shogren, Environmental Economist: "The Fossil Fuel is Still the King" - Professor Shogren will speak at the Port Festival of Ideas on Sunday, November 8th at the School of Law of the University of Valparaiso.

October 30, 2015 - Rocky Mountain PBS interviewed UW economist Rob Godby for a story on coal mining, specifically rising costs that are hurting the industry.

October 27, 2015 - U.S. Coal Consumption Projected to Fall to Historic Lows in 2015 (The Casper Star Tribune)Robert Godby is quoted. 

October 19, 2015 - (Washington Times) Federal lands hold tremendous potential. A study by Timothy Considine, a professor of energy economics at the University of Wyoming, found opening federal lands could lead to $26.5 billion in annual gross regional product, more than $5 billion in tax revenue and more than 200,000 jobs in the Rocky Mountain region.

October 17, 2015 - Lifting oil export ban could bring more revenue, hurt refineries and job in Wyoming - Wyoming’s light sweet crude, which contains less sulfur and doesn’t require sophisticated equipment to refine, is well-suited for international markets, particularly in Europe and Latin America, said Charles Mason, a University of Wyoming petroleum economics professor. Read more

October 12, 2015 - Regular Triple Crisis contributor Edward B. Barbier is the John S. Bugas Professor of Economics at the University of Wyoming. His new book Nature and Wealth: Overcoming Environmental Scarcity and Inequality has just been published by Palgrave MacMillan.  Pope Francis’s encyclical Laudato Si (Praise Be to You) has created headlines worldwide for identifying environmental destruction and global inequality as the “two evils” afflicting humanity today.  Read more

September 25, 2015 - Thomas Crocker, UW Department of Economics and Finance professor emeritus, was mentioned in The New Yorker in an article about China’s plan to institute a national cap-and-trade program for carbon emissions.

September 23, 2015 - Sheridan Media used UW’s release on UW ranking among world leaders in the field of environmental economics. KOWB Radio also reported on the ranking.

September 22, 2015 — UW Again Ranks Among World Leaders in Environmental Economics (WyoFile) - The University of Wyoming Department of Economics and Finance continues to be ranked among the world’s top programs in environmental economics, according to IDEAS, a prestigious worldwide organization that disseminates economics research. IDEAS is a service hosted by the Research Division of the Federal Reserve Bank of St. Louis.  Read More

September 14, 2015 - The Wyoming Tribune Eagle cited UW economist Anne Alexander’s study on how Wyoming’s energy sector would be affected by listing the sage grouse under the federal Endangered Species Act.

September 8, 2015 - UW economics Distinguished Professor Sherrill Shaffer discussed with Wyoming Public Radio Alpha Natural Resources’ agreement with the state of Wyoming over the bankrupt coal company's reclamation bonding obligations.

September 6, 2015 - Black Hills Corp.’s move to diversify as a natural gas supplier is a good move for the company, UW economist Anne Alexander told the Gillette News Record.

September 3, 2015 - UW economist Chuck Mason was quoted by Bloomberg News> in a story about how lifting the nation’s oil export ban would affect oil refiners. Mason’s comments also were picked up by The San Antonio News and Downstream Today, an industry news website.

September 2, 2015 - Comments from UW economist Rob Godby were included in a National Public Radio story about the decline in the shipping of commodities on the nation’s railroads. He also was quoted in a High Country News story about the potential impact of federal regulations on Wyoming’s coal industry.

August 31, 2015 - High Country News cited UW economist Rob Godby’s recent study that found that regulations proposed by President Obama’s clean power plan could reduce Wyoming coal production by 34 to 50 percent.

August 26, 2015 - UW economist Ed Barbier’s commentary about how other coastal regions around the world should heed the advice of those who helped in the aftermath of Hurricane Katrina is still in the news. Water Online published UW’s release on Barbier’s column that first appeared in the science journal Nature.

August 24, 2015 - UW economist Rob Godby was interviewed by International Business Times about last week’s sudden 1,000-point plunge of the Dow Jones Industrial Average as investors feared a “Black Monday.” Godby says investors shouldn’t worry about the up-and-down swing of the market and should wait it out.  Godby also discussed with International Business Times that the U.S. provided investors with a revised gross domestic product number that showed the world’s largest economy grew more than previously thought, and that the country's second-quarter economic activity has eased fears that a China-led global economic slowdown could spread to the U.S.

August 20, 2015 - (The Heritage Foundation) Obtaining the optimal price effect would be difficult, argues University of Wyoming economist Timothy Considine, because “a more fundamental problem arises from vesting a political entity with the inherently complex task of allocating oil across time and space—a task that is probably best left to market forces.”

August 19, 2015 - In "Investing in Natural Capital to Offset the Challenge of Sea Level Rise" Matthew E. Kahn of UCLA presents thoughts on environmental and urban issues in response to Edward B. Barbier's publication in Nature.

August 19, 2015 - Read Edward B. Barbier's article in Nature, "Policy: Hurricane Katrina's lessons for the world", and listen to Nature's podcast based on the article.  Barbier also was interviewed for The BBC’s World Service Science in Action program.  Homeland Security News Wire,, Science Daily and Science Newsline covered Barbier’s Nature commentary.

August 19, 2015 - World Should Heed Lessons from Hurricane Katrina, UW Economist Says (WyoFile) - A decade after Hurricane Katrina hammered America’s Gulf Coast, measures are being taken there to protect against similar devastation from natural disasters -- as well as against long-term, gradual impacts resulting from climate change.  Read more

August 14, 2015 - Chuck Mason, a UW professor of petroleum and natural gas economics, told Sputnik News, an international news site, that the nation’s economy will improve if Congress removes the oil export ban, which will help domestic U.S. oil producers.

August 3, 2015 - CEEPP Analysis of EPA Clean Power PlanRead more

July 27, 2015 - The Casper Star-Tribune (CS-T), in a story about the number of job losses in the state due to falling oil prices, quoted Charles Mason, a UW professor of petroleum economics. Mason said he expected prices to rise slowly over the second half of the year. The CS-T also was among outlets reporting that legislators killed a proposal that would make all UW student emails private.

July 23, 2015 – The Casper Star-Tribune asked UW economist Anne Alexander to review the state’s lottery budget after lottery officials met with legislators. They reported that Alexander found nothing out of the ordinary.

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 16-17, 2015 - WPR also talked to UW economist Rob Godby after the New York Stock Exchange suspended trading of Alpha Natural Resources stocks. Godby also was quoted in a Wall Street Journal article about coal mine reclamation.

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

July 14, 2015 - In a Casper Star-Tribune interview, Godby said there should be no major changes for consumers after Black Hills Corp.'s $1.74 billion acquisition of SourceGas is completed.

July 8, 2015 - UW economist Chuck Mason’s study on hydraulic fracturing during a five-year period that estimated benefits from increased production to be in the billions of dollars, was cited by Laboratory Equipment, a national website that provides news on the latest lab products and technologies.

July 2, 2015 - Professor Jason Shogren, a professor at the University of Wyoming, gave a PBL Academy Lecture entitled, "Behavioral underpinnings of Environmental Policy." In his lecture Shogren asks how policy-makers can use knowledge from behavioral economics to achieve environmental goals.

June 30, 2015 - Hilla Skiba and Nicole Choi, Assistant Professors in Finance, were awarded Best Paper at the Asian FMA Conference, Portfolio Concentration and Performance of Institutional Investors Worldwide 

  Nicole Choi, University of Wyoming; Mark Fedenia, University of Wisconsin Madison; Hilla Skiba, University of Wyoming; Tatyana Sokolyk, Brock University

June 29, 2015 — Add an honorary degree from a French university to the growing list of accolades for University of Wyoming Economics Professor Jay Shogren.

July 21, 2015 – The Laramie Boomerang interviewed UW economics Associate Professor Rob Godby as excise tax collections in Albany County.

June 21, 2015 - UW Economics Associate Professor Rob Godby was quoted in a CS-T article on the use of bitcoin Web currency.

June 15, 2015 — Anne Alexander, director of international programs at the University of Wyoming, has been appointed as UW’s associate vice president for undergraduate education.

She will succeed Interim Associate Vice President Alyson Hagy, who will step down in August.

“Anne will bring tremendous leadership skills and experience in statewide engagement to this position,” says David Jones, vice president for academic affairs. “We are extremely pleased to have her be a part of Academic Affairs.”

Alexander obtained a B.B.A. and an M.A. from New Mexico State University, and a Ph.D. from UW in economics. From 2003-06, she was director of undergraduate studies for the Department of Economics and Finance in the College of Business. She also directed the Health Economics Policy Center at UW and served as assistant dean of the College of Business.

She has been director of international programs since 2007, coordinating between UW and institutions around the world, including study abroad and exchange opportunities for students, Fulbright and National Security Education Program applications, travel grants, internationalizing the curriculum, and other actions that strengthen bilateral relations with partners of UW.

Her teaching and research interests include global macroeconomic issues, health economics and energy economics.

June 11, 2015 - Chuck Mason, UW’s H.A. "Dave" True Jr. Chair in Petroleum and Natural Gas Economics, was interviewed in relation to a presentation he made at a recent international conference in Italy on oil and related commodity prices.

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

June 4, 2015 - The Sheridan Press reported that UW economist Anne Alexander provided economic profiles used in state economic development meetings sponsored by the Wyoming Business Alliance.

May 29, 2015 – UW economist Anne Alexander’s report on possible lost energy jobs in the state was cited in a Wyoming Tribune Eagle story when U.S. Secretary of the Interior Sally Jewell discussed plans to protect sage grouse habitat during a visit to Cheyenne.

May 5, 2015 – Chuck Mason, UW’s H.A. “Dave” True Jr. Chair in Petroleum and Natural Gas Economics, participated in a forum at regarding a proposal to lift the U.S. ban on crude oil exports.

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.

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

February 21, 2015 - The Laramie Boomerang profiled UW economics Professor Chuck Mason, who is an internationally recognized oil and gas expert.

February 20, 2015 - A blog by Barbier is featured on the homepage of the World Bank website. The blog has to do with his recently published article on poverty in rural areas.

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 16, 2015 - UW economics Professor Chuck Mason’s research paper on how hydraulic fracturing has benefited the economy was cited in a Wyoming Business Report article.

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 - UW Professor Rob Godby’s presentation to the Wyoming Infrastructure Authority about the impact of planned Environmental Protection Agency carbon emissions standards on Wyoming’s coal industry was covered by the Wyoming Business Report and picked up by the Flathead (Mont.) Beacon.

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

February 2015 - Ed Barbier was profiled in the Wyoming Business Report for his influence in natural resource and economic research.

February 9, 2015 — World Bank Publishes UW Research on Poverty in Rural Areas - People living in remote, less-productive agricultural lands in developing countries need particular attention in any efforts to reduce poverty, two University of Wyoming researchers have concluded.

Edward Barbier, the John S. Bugas Professor of Economics and Finance in the UW College of Business, and graduate student Jake Hochard published an article, “Identifying Geographical Poverty Traps in Rural Areas,” in the January 2015 World Bank Research E-Newsletter.

The researchers analyzed the distribution of populations in favorable vs. less favorable agricultural lands in 83 developing countries to determine how those locations affected income growth between 2000 and 2012. They found that, as more rural people are located on remote and marginal agricultural lands, the poverty-reducing impact of income growth tends to be lower.

“In particular, our results suggest that the most critical and vulnerable rural population groups are those located on less favored agricultural lands that also are remote from markets,” they wrote. “It is this group that should be the main target of any strategy aimed at encouraging outmigration while investing in improving the livelihoods of those who remain in such areas.”

The new findings support previous research by Barbier and others showing that such geographical “poverty traps” in rural areas of developing countries pose a particular challenge.

“In such a case, reducing rural poverty requires either a large-scale regional approach or assisting the exit of populations,” Barbier and Hochard wrote. “It may be that both strategies will be required to alleviate the problem of the concentration of rural populations on less favored agricultural lands and remote areas which, as this paper has shown, appears to be a major obstacle to the poverty-reducing effect of overall income growth in developing countries.”

Widely published in natural resource and development economics, as well as the interface between economics and ecology, Barbier has served as a consultant and policy analyst for a variety of national, international and non-governmental agencies, including many United Nations organizations and the World Bank. He has written more than 200 peer-reviewed journal articles and book chapters, written or edited 21 books, and published in popular journals.

More Economics and Finance News



Share This Page:

1000 E. University Ave. Laramie, WY 82071
UW Operators (307) 766-1121 | Contact Us | Download Adobe Reader

Twitter Icon Youtube Icon Instagram Icon Facebook Icon

Accreditation | Emergency Preparedness | Employment at UW | Gainful Employment | Privacy Policy | Accessibility Accessibility information icon