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Wyoming is the top coal producer of the 50 states in the United States, has significant oil and gas reserves, and its government and laws reflect an interest in energy production, especially fossil fuels. [104] The Wyoming Oil and Gas Conservation Commission regulates many aspects of oil, coal, and gas development in this resource-rich state. [105]
In Texas, oil and gas are regulated by the Texas Railroad Commission, in Oklahoma by the Oklahoma Corporation Commission, and in North Dakota by the Industrial Commission. In Colorado and Wyoming, the agencies are the state Oil and Gas Conservation Commissions. Local control of oil and gas operations is contentious.
Natural Resources Conservation Service Wyoming, US Department of Agriculture; U.S. Department of the Interior, Bureau of Land Management - Wyoming; State agencies: State of Wyoming Department of Agriculture - Natural Resources & Policy; Office of State Lands and Investments Lands, minerals, oil and gas; Wyoming Oil and Gas Conservation Commission
Wyoming is a resource rich state with a history of boom and bust cycles. The 1970s energy crisis initiated a coal-mining boom in Wyoming that lasted until the early 80's. The state's latest energy boom (1995–2010) is due to increased development in oil and natural gas production as well as further growth in the coal-mining industry.
The legislation safeguards the Wyoming Range in western Wyoming from future oil and gas leases while creating a mechanism for the buy-back and retiring of existing oil and gas leases. The Wyoming Range Legacy Act passed as part of the Omnibus Public Lands Management Act of 2009 and was signed into law by President Barack Obama on March 30, 2009.
The proposed legislation divided Wyoming lawmakers and residents over its passage — one side argued the bill draft was a necessary step in providing much-needed property tax relief for ...
CHEYENNE — In this year’s general election, Wyoming voters will decide whether to approve a constitutional amendment that would separate residential real property into its own class, separate ...
States usually calculate the tax based on the value and/or volume produced; sometimes the method differs for oil, natural gas, and condensates. [4] [5] Production from certain wells may be exempt from severance tax based on the amount of production (i.e. "stripper" wells) or the type of well (i.e. horizontal, tertiary, deep, etc). [5]