News April 2022

The Casper Star-Tribune (CS-T) interviewed UW economist Chuck Mason for an article that focused on President Joe Biden’s announcement of the largest-ever drawdown of the U.S. strategic petroleum reserve. The Biden administration plans to release about a million barrels of oil per day for up to six months in an effort to bring down still-climbing gasoline prices, which soared after Russia invaded Ukraine. Published 4/1/22.

Rising oil prices could be a boon for Wyoming’s economy in the short term but, if sustained, they could push consumers away from fossil fuel usage more quickly than previously predicted, according to economists, including UW’s Rob Godby, quoted in a Cowboy State Daily article. Published on 3/31/22.

UW economics Professor Todd Cherry and his colleagues are among eight research teams awarded a $10,000 honorarium from the Resources for the Future Solar Geoengineering Research Project to fund research on the benefits/risks of solar geoengineering. The team’s project is “International Environmental Agreements under the Threat of Solar Geoengineering,” according to Science Magazine.  Published 4/1/22.

The Leader-Telegram, in Eau Claire, Wis., quoted UW economist Anne Alexander about skyrocketing commodity prices worldwide caused by the effects of Russia’s invasion of Ukraine. Alexander said higher prices or global shortages of wheat could spark economic and social unrest in global hot spots. Published 4/4/22.

Wyoming News Now published a UW release noting that the College of Business recently hosted more than 500 high school students, their teachers and professional business volunteers for the State Leadership Conference of the Wyoming Future Business Leaders of America. Published 3/28/22.

Wyoming News Now published UW’s release announcing that the Low Income Taxpayer Clinic opened in the UW College of Business. The clinic will provide representation, education and advocacy for individual taxpayers who are low-income or speak English as a second language. Published 3/29/22.

Fortune published an op-ed piece from UW economics Professor David Finnoff and three colleagues that focused on how President Joe Biden’s administration should invest more in new infrastructure to help prevent another pandemic such as the ongoing COVID-19 pandemic. Published 4/11/22.

UW’s College of Business, in collaboration with the Daniels Fund Ethics Initiative Collegiate Program, hosted the second annual Wyoming Collegiate Business Ethics Case Competition last week. WyoToday Media published UW’s release noting that four Wyoming community colleges were invited to the event. Published 4/22.

An analysis by UW’s Center for Business and Economic Analysis estimated that a proposed gold and copper mine would directly employ 324 long-term workers and generate $75 million in tax revenue during its expected 13-year lifetime. The CS-T reported that the mine site is near Cheyenne. Published 4/7/22.

UW economist Chuck Mason was among experts on both sides of the issue interviewed by The Casper Star-Tribune (CS-T) as to why oil prices soared this year, but Wyoming production did not.  Published 4/22.

UW economist Anne Alexander told Cowboy State Daily that inflated prices on goods are caused by several factors, including the Russian/Ukrainian war, recovery from the COVID-19 pandemic and a hot housing market. UW economist David Aadland talked with KUNC for a similar interview. Published 4/12/22.