Mining and extraction industries in Wyoming saw a significant decline in 2009 after peaking in 2008 for the decade but 2010 saw a strong recovery over 2009. The graph shows taxable value for all minerals extracted annually in Wyoming from 2001 through 2010. Wyoming’s mineral wealth is providing the state with a strong base for recovery from the recession that began in December 2007.
Today’s market size is the total value of all minerals extracted in 2010. The minerals included in this total are oil, natural gas, coal, bentonite, trona, uranium, sand and gravel.
Geographic reference: United States
Year: 2001 and 2010
Market size: $6.74 and $15.49 billion respectively
Source: Barron, Joan, “State’s Mineral Valuation Booms,” Casper Star Tribune, June 1, 2011, page 1.
Original source: State of Wyoming