It makes more sense to encourage domestic oil production than use provide a “stimulus check” to American consumers to help them cope with current gas prices, according to U.S. Rep. Liz Cheney and U.S. Sen John Barrasso.
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Neither Gov. Mark Gordon nor the Petroleum Association of Wyoming were pleased with President Joe Biden’s recently released report of oil and gas leasing on federal lands.
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A lawsuit filed in Wyoming to reverse a ban on oil and gas leasing on federal lands will continue despite the U.S. Bureau of Land Management’s announcement it will resume leasing in 2022, according to a spokesman for the state’s oil and gas industry.
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Wyoming’s public services will all suffer with the halt in energy development on public lands, Gov. Mark Gordon told a congressional committee Tuesday.
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Wyoming will see an increase in gas prices this year, a petroleum analyst confirmed to Cowboy State Daily on Tuesday.
Once market conditions align to pull the oil and natural gas industry out of its slump, Wyoming will be in position to take a national role in the industry, according to the Wyoming State Geological Survey.
As coal, oil and natural gas revenues decline, state legislators could have some hard decisions ahead, according to information generated by a strategic planning effort created by Gov. Mark Gordon.
