Wyoming WILL NOT Lose $50 Million On Coal Royalties

Sometimes people stop thinking before they have fully considered a matter.

A recent report shows that Wyoming could lose substantial tax revenue due to coal royalty cuts.

Wyoming will lose approximately $50 million in annual revenue to the lower federal mineral royalty rates for coal contained in the Trump administration’s One Big Beautiful Bill, according to a report by state financial forecasters. (WYOFILE).

However, if we follow the logic a bit further, we find that Wyoming stands to gain more money, not less, from these cuts.

If you owned a retail store and wanted to make more money, would you raise prices or have a sale?

Does Walmart make so much money because its prices are high or low?

I can ask the same thing of the several types of dollar stores that are out there.

Coal is a volume business. 

Find out how this works by watching this video by Nobel Prize-winning economist Art Laffer

When the price of coal is high, less of it is sold.

Lower the price of coal, which makes the production of energy and many other things cheaper, and far more coal will be sold.

The Trump administration has cut the stranglehold of regulations on coal, put in place by the Biden Administration, and is now lowering royalties taken by the government.

That means coal will be cheaper to extract and sell than it has been in many years.

This is the much-needed kickstart that the struggling coal industry has needed.

Get ready for a coal boom.

With factories coming back to America and new AI server farms being constructed, companies will be clamoring for cheap, affordable energy.

Trump is also clearing the way to make it easier to sell coal to foreign nations.

Wyoming is about to make more money on coal than it has seen in a long time.