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Tag Archives: Matt Mead

Wyoming governor: Lawmakers should support infrastructure, Medicaid

CHEYENNE, Wyo. (AP) — Despite the downturn in energy prices, Wyoming remains strong and must invest in infrastructure projects and accept federal funds to expand Medicaid to keep moving forward, Gov. Matt Mead told lawmakers in his state of the state address Monday. Mead, a Republican in his second term, said it’s important to respect the budget recommendations of the ...

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Wyoming Gov. Matt Mead wants to “borrow” state savings to balance budget

Wyoming governor matt mead discusses the state budget amidst the oil price slump

CHEYENNE — Faced with declining mineral revenues, Gov. Matt Mead wants to “borrow” state savings to help fund local governments, pay for building and road projects, and keep some state-funded programs running. Mead unveiled his budget recommendations for the upcoming 2017-18 biennium during a news conference Tuesday. The governor’s plan includes using nearly $450 million from the $1.8 billion Legislative ...

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Amid gas bust, Wyoming approves tougher well bonding rules

A pump jack works to extract oil and gas from a well in Wyoming's Niobrara shale

CASPER, Wyo. — The Wyoming Oil and Gas Conservation Commission approved tougher bonding requirements for oil and gas wells Tuesday in response to a bust that has littered the Powder River Basin with thousands of abandoned coal-bed methane wells and left the state responsible for plugging and cleaning many of them. The rules include a couple suggestions from the petroleum ...

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Declining prices hit energy-producing states hard

CHEYENNE, Wyo. — While other states were tightening their belts during the dark days of the Great Recession, Wyoming was socking away billions of dollars in energy revenues in the bank, building new schools and funding an endowment that offers college scholarships to its high school grads. But with the recent slide in energy prices, fuel-rich states like Wyoming and ...

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Falling energy revenues drive Wyoming budget changes

CHEYENNE, Wyo. — Responding to falling energy revenues, Wyoming Gov. Matt Mead is proposing to reduce the rate at which the state puts money into permanent savings to free up funds for state projects. Mead released his proposed budget for the coming two-year funding cycle on Tuesday. He’s calling for a $3.4-billion general fund budget — down about $200 million ...

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Some Wyoming community colleges brace for bust

CASPER, Wyo. — Some of Wyoming’s seven community colleges are looking for ways to save money in anticipation of lower state aid and local tax revenue. “I think they are all cautiously aware that their local revenue will almost certainly decline, and there is a very good chance that state revenue will as well,” Matt Petri, deputy director and chief ...

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State considers regulations to reduce oil well emissions

CASPER, Wyo. — Wyoming regulators are looking at ways to reduce oil well emissions and update the state’s oil and gas regulations. The Casper Star-Tribune reports that the Oil and Gas Conservation Commission on Tuesday unveiled a proposal that would require companies to submit as part of their drilling permits plans to capture natural gas that is flared off from ...

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Gift boosts Wyoming energy research

CHEYENNE — Gov. Matt Mead and University of Wyoming President Dick McGinity announced a new corporate partnership Friday that will bolster UW’s research into oil and gas extraction. In a news conference at the State Capitol, Mead and McGinity said UW will receive $12 million in equipment from Oregon-based FEI, a scientific and technical instrument manufacturer. Mead said the state ...

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