Friday, 31 OctoberWeather Icon11.27°C

US Delays Wyoming Coal Lease Sale After Montana Flop

Share:

Coal

On October 8, 2025, the US Interior Department delayed a coal lease auction in Wyoming. The sale, set for 3,508 acres in Campbell and Converse counties, holds 365 million tons of recoverable coal.

Montana Auction Disappoints

The postponement follows a weak Montana sale on October 6. The Bureau of Land Management (BLM) received one bid of $186,000 for 1,262 acres with 167.5 million tons of coal.

This equates to less than a penny per ton.

BLM’s Contingency Plans

BLM manages 245 million acres of federal land. It planned to process oil, gas, and coal permits during the government shutdown.

However, the Wyoming delay highlights challenges in advancing energy projects.

Administration’s Blame Game

The Interior Department attributed the low interest to past Democratic policies under Presidents Obama and Biden.

“Their anti-coal stance eroded industry confidence,” it stated. The department aims to restore trust and American energy leadership.

Environmental Policy Shifts

Obama and Biden tightened coal regulations to cut pollution and promote renewables. These changes discouraged investment.

The current administration seeks to reverse that trend, prioritizing coal for rising electricity needs.

AI and Energy Demands

President Trump has pledged to expand coal leasing. This supports surging power use from artificial intelligence. Coal could play a key role in meeting these demands, according to officials.

Bid Evaluation Pending

BLM must assess if the Montana bid meets fair market value. NTEC, the bidder operating the nearby Spring Creek Mine, argued for a value near the $100 per acre minimum. No response from NTEC on the bid.

Broader Energy Context

The Wyoming delay comes amid Orsted’s expansion struggles. Supply chain issues and inflation have raised costs. The coal auctions reflect ongoing debates over energy sources in a shifting market.

Future Coal Prospects

The Interior plans to reschedule the Wyoming sale soon. It aims to attract stronger bids. This fits the administration’s goal to revive domestic coal production for economic and energy security.

Implications for Industry

Low participation signals persistent challenges. Past regulations continue to impact confidence.

The administration’s push could revitalize coal, balancing environmental concerns with energy needs in 2025.


Ethiopia-Eritrea Tensions Rise Over Red Sea Control

Share:

Related News

Financial Penalty: Metal Exchange Fines Mizuho Unit

Business Market News | 2 min read

Unbeaten Luba FC Storms Into Championship Semi-Finals

Sports | 2 min read

Zero to Cyber Hero: NITDA Offers FREE Cybersecurity Bootcamp

Technology | 2 min read

Leave a Comment

Leave a Comment

Your email address will not be published. Required fields are marked *

Currency Rate

Algerian Dinar129.9644
Egyptian Pound47.2501
Euro0.8668
British Pound0.7603
Ghana Cedi10.85
Guinea Franc8,688.41
Japanese Yen154.005
Kenyan Shilling129.2
Moroccan Dirham9.2588
Nigerian Naira1,447.16
31 Oct · CurrencyRate · USD
CurrencyRate.Today
Check: 31 Oct 2025 21:05 UTC
Latest change: 31 Oct 2025 21:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

Be the first to know about our newest content, events, and announcements.

Leatest News

Scroll to Top