Posted by Staff Writer on 11/30/2017 to Energy Industry
Higher Wyoming Oil Prices
Office of State Lands and Investments Exceeding Revenue Goal
IncSmart Wyoming (Small Business and Startups) - Wyoming oil prices climb higher. Officials with the Wyoming Office of State Lands and Investments say the state has made $60 million from oil and gas lease sales this year. These fees exceed the states revenue goal. Oil prices hit close to $60 a gallon last week. This is a great sign for Wyoming oil producers, and all oil sand and oil shale resources in Utah, Colorado and Wyoming. The most viable areas in the world for oil and gas are located in America: Texas - 1st, Oklahoma - 2nd, North Dakota - 3rd, West Virginia - 5th, Kansas - 6th, and Wyoming - 9th.