Wyomingites want continued leadership and more information regarding energy and expanding energy industries, according to a new study from the University of Wyoming’s School of Energy Resources.
Economy
Posted inEconomy
Economic report: Casper jobs increase, home prices up, sales tax collections down
CASPER, Wyo. — A new Casper Economic Indicators report from the State of Wyoming Economic Analysis Division shows the economic landscape in June 2023, with specific indicators shedding light on various aspects of the city’s economic health. The report comprises four components. Two elements, the unemployment rate and total nonfarm employment, show broader labor market […]
Posted inCommunity, Economy, Latest News, News, Statewide, Wyoming, Wyoming
Wyoming visitors reach 7.5M in 2022; $4.5B in spending reported
Wyoming saw 7.5 million visitors in 2022 who spent a total of $4.5 billion purchasing goods and services from local businesses.
Posted inCommunity
PHOTOS: Winners of Casper Start-Up Challenge announced after night of pitches
CASPER, Wyo. — The four finalists of the seventh Casper Start-Up challenge pitched their business plans Thursday night at Casper College’s Wheeler Concert hall. A shared pot of $100,000 and a year in the IMPACT 307 business incubator were at stake. “They’re all winners,” IMPACT Casper Director Eric Schlidt said at the start of the […]
Posted inBusiness, Community, Economy, Government, Latest News, Local, News, State Government, Statewide, Wyoming
Nominations for Wyoming Woman Entrepreneur Award due April 30
Women who own or operate a Wyoming-based business that has operated continuously for at least three years and generates at least $5,000 gross revenue annually through making or selling a product or providing a quantifiable service are eligible for the Wyoming Council for Women’s award.
Posted inEconomy
Casper unemployment rate down from 2022
Unemployment has fallen throughout Casper, according to a new economic report by the Department of Administration and Information.
Posted inWyoming
Economic revitalization gets multipronged legislative treatment
CASPER, Wyo. — Lawmakers will soon decide the fate of several bills intended to stimulate downtown revitalizations and economic growth in Wyoming. “Economic development is a long game,” Rep. Trey Sherwood (D-Laramie) said. “It’s a lot of baby steps to get to that bigger impact.” Sherwood, who runs Laramie Main Street Alliance, will bring a […]
Posted inEnergy
Western Interstate Hydrogen Hub concept receives DOE support
CASPER, Wyo. — The Western Interstate Hydrogen Hub, in which Wyoming is a partner, received a recommendation on its concept paper from the U.S. Department of Energy’s Regional Clean Hydrogen Hubs program. Wyoming is partnering with Colorado, New Mexico and Utah on the hydrogen hub concept, which is part of the states’ strategy for safe, clean and sustainable […]
Posted inCommunity
Natrona County, Wyoming see growth in taxable sales in third quarter
CASPER, Wyo. — The state of Wyoming and Natrona County saw a rise in taxable sales in the third quarter of 2022 compared with the third quarter of 2021. Natrona County saw 19.2% more sales, which is comparable to the state’s increase of 20.4%, according to a new Wyoming Economic Summary Report. The 20.4% growth […]
Posted inAP
Wyoming bullishly courts crypto, even after collapse of FTX
CHEYENNE, Wyo. (AP) — Software engineer Jae Yang got a lot of questions from friends when he moved from Silicon Valley with plans to launch his cryptocurrency exchange not in the up-and-coming urban crypto hubs of Miami or Austin, Texas, but the windswept plains of southeastern Wyoming.
Posted inBusiness
Gillette local union chair: Potential railroad strike wouldn’t wreck U.S. economy
GILLETTE, Wyo. — While most of the railroad unions negotiating with the National Carriers Conference Committee received a majority of their members’ approval on tentative five-year national collective bargaining agreements, a few didn’t. Those unions are the Brotherhood of Railroad Signalmen, or BRS; the SMART-TD (with respect to one of its contracts), Brotherhood Maintenance of Way Employees […]
Posted inWyoming
Report: Wyoming’s 10.1% rise in sales and use tax collections in FY 2022 offset by inflation
CASPER, Wyo. — The statewide 4% sales and use tax generated $1.077 billion in revenue for the State of Wyoming in fiscal year 2022, a 10.1% increase from FY 2021, according to a report from the Wyoming Economic Analysis Division released Thursday. Revenues from the 4% statewide sales tax, not considering the use tax, rose […]
Posted inWyoming
National Museum of Military Vehicles founder earns Wyoming Economic Development Association award
CASPER, Wyo. — The Wyoming Economic Development Association has awarded Dan Starks, founder and chairman of The National Museum of Military Vehicles, its 2022 Innovation Award. Presented annually, the award recognizes an innovative project that significantly impacts a Wyoming community and its citizens. It is intended to recognize participants involved in a Wyoming innovative economic […]
Posted inEnergy
Natrona County sees 13-cent average gas price hike, matching national climb
CASPER, Wyo. — The national average price for a gallon of regular gasoline rose 13.8 cents from a week ago, and Natrona County saw a similar hike. Price tracker GasBuddy said the national average hike to $3.92 per gallon put the price 22.5 cents higher than a month ago and 67 cents higher than a […]
Posted inEnergy
Wyoming reports record month for sales and use tax collections of $86.6M; adds ~900 oil and gas jobs
CASPER, Wyo. — Wyoming experienced a new monthly record in terms of sales and use tax collections, with a total of $86.6 million collected in August, the Wyoming Economic Analysis Division said Monday. Sales and use tax collections from the mining sector, which includes oil and gas, has seen month-over-month increases for 12 months in […]
Posted inEconomy
Natrona County among Wyoming’s fastest for personal income growth
CASPER, Wyo. — Natrona County offered one of the fastest personal income growths in Wyoming between 2001 and 2018, according to a new University of Wyoming Extension bulletin. The 148-page study provides an in-depth look at Wyoming and its counties’ personal income sources and trends over the 18-year period. The bulletin is offered so governing […]
Posted inEconomy
Economic report: Casper jobs increase, home prices up 13.6%, sales tax collections up 19.5%
CASPER, Wyo. — A new Casper Economic Indicators report from the State of Wyoming Economic Analysis Division shows jobs are up from summer 2021, home prices are continuing to climb and sales tax collections in Natrona County are up. The new August 2022 issue of the Casper Economic Indicators report primarily provides data available through […]
Posted inEnergy
National average gas price falls for 8th week; Natrona County sees state’s cheapest gas
CASPER, Wyo. — Consumers continue to see falling gas prices at the pump as the U.S. average has fallen for the eighth consecutive week. The national average on Monday was down 16 cents from a week ago to $4.01 per gallon, according to GasBuddy data compiled from more than 11 million individual price reports from […]
Posted inEnergy
Petroleum group intervenes in drilling permit challenge on BLM lands
CASPER, Wyo. — Today, the Petroleum Association of Wyoming sought to intervene in a case pending before the U.S. District Court for the District of Columbia. The case, Center for Biological Diversity and WildEarth Guardians v. United States Department of Interior, et al., concerns drilling on federal lands. Center for Biological Diversity and WildEarth Guardians, […]
Posted inEnergy
Governor, Cheney react to HF Sinclair layoff report
CASPER, Wyo. — HF Sinclair Corp. laid off nearly 100 employees at its Sinclair refinery Tuesday, radio station Bigfoot 99 reported Wednesday. While the company has neither confirmed or denied the layoffs, state and federal government officials are reacting to the news. “I am troubled to learn of the HollyFrontier Sinclair refinery layoffs,” Gov. Mark […]
Posted inEnergy
US average gas price falls 8.8 cents in second straight week of decline
CASPER, Wyo. — The U.S. average gas price fell 8.8 cents since last week in the second straight week of decline, GasBuddy reported Monday. The data app calculated that the average gas price nationally is $4.88 per gallon, which is still 28.3 cents above the price a month ago and $1.79 per gallon above the […]
Posted inEnergy
Black Hills Energy to serve first Blockchain Interruptible Service Tariff customer
CASPER, Wyo. — Black Hills Energy announced Tuesday that it will serve its first customer for its new electric rate option for blockchain in Wyoming. Cheyenne Light, Fuel and Power Company/Black Hills Energy’s Blockchain Interruptible Service Tariff recently signed a five-year service agreement with a crypto mining company for up to 45 megawatts of electric service, with a possible […]
Posted inEnergy
National average gas price drops for first time in 9 weeks
CASPER, Wyo. — The U.S. average gas price dropped 4.2 cents last week for the first time in more than two months, GasBuddy reported June 20. The national average price on June 20 was $4.97, GasBuddy data indicated. The national average is up 37.3 cents since last month and $1.92 since a year ago, the blog […]
