Wyoming lawmakers advance bill extending more tax relief to oil and gas operators

 

Legislators in Wyoming are pushing a plan to offer more tax relief to the struggling oil and gas industry, a plan that includes spurring more mineral production and capital investment in the state.

The Casper Star Tribune reported a legislative committee passed a bill, that if it were to become law would reduce Wyoming’s mineral tax rate by half when oil and gas prices land above certain prices.

Wyoming is a state currently with only one active drilling rig.

Click here to view the Casper Star Tribune story.

 

 

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