energy prices

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8:22 am
Wed November 30, 2011

Wyoming revenue picture is not as dismal as some suggest

The administrator of Wyoming’s Economic Analysis Division says the state’s long range economic forecast is that revenues for energy development should be stable.  Some lawmakers contend that recent revenue reports suggest that Wyoming will have less money in the future, and they want state agencies to trim budgets between five and eight percent. 

But Buck McVeigh who co-chaired the state economic forecast says it is far from dire.  But he added during an interview on Tuesday that the very high prices Wyoming has received for its natural gas  will likely level off.       

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