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Wyoming Rail Park Business Less Than Anticipated

The Bishop Rail Industrial Park has generated far less in business for its owners and revenue for Natrona County than anticipated four years ago, County Treasurer Tom Doyle said this week.

11Mar2012 | admin | 0 comments | Continued
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New Joint Venture Buying Wyoming Wind Farms

TIAA-CREF and Alaska-based Cook Inlet Region, Inc., have joined Edison Mission Energy to form Capistrano Wind Partners, LLC in order to take over Mountain I and Mountain II wind developments near Evanston.

8Mar2012 | admin | 0 comments | Continued
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China’s Footprint in U.S. Oil Expanding

State-run giants Cnooc and Sinopec are scooping up minority stakes and signing joint-ventures, to the tune of $17 billion in U.S. and Canadian deals since 2010, to feed the energy thirsty nation. Wyoming and Colorado are part of the mix.

7Mar2012 | admin | 0 comments | Continued
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Special Report: Wyoming Lacks
‘Culture of Safety’

A priority is to create a central database for information related to workplace fatalities, which should be easily accessed for analysis. The focus of all these efforts should be on Wyoming’s “high risk” industries, which Ryan lists as “oil and gas, transportation and construction.”

7Mar2012 | admin | 0 comments | Continued
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Wind-Power Sector Loses Luster With Investors

U.S. investments in turbine farms and wind-energy businesses tumbled 38 percent last year to $9.7 billion, according to data from Bloomberg New Energy Finance. Venture capitalists have practically left the sector altogether. They invested only $177.6 million in wind startups last year, down 71 percent from the year before.

6Mar2012 | admin | 0 comments | Continued
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Bill Barrett Corp Adjusts Spending - More Oil, Less Gas

The energy company said last week it will reduce natural gas drilling activity this year in favor of increased oil development. The company cited lower prices as the reason, and is reducing its activity in natural gas by $120 million.

5Mar2012 | admin | 0 comments | Continued
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Wyoming Senate Awaits More Information on Coal Tax Valuation Bill

Lawmakers have been working under the assumption that
the proposed change would be revenue-neutral. However,
the Wyoming Department of Revenue estimated the change would cost the state more than $14 million in lost taxes through the 2015 fiscal year.

5Mar2012 | admin | 0 comments | Continued
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Keystone Pipeline Could Raise — Not Lower —
Gas Prices in Wyoming and Colorado

“The Canadian plan was to use their market power to raise prices in the United States (UNG) and get more money from consumers,” Philip Verleger, founder of Colorado-based energy consulting firm PK Verleger LLC, noted in
an interview.

2Mar2012 | admin | 0 comments | Continued
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BLM Rejects Biggest State Coal Bid in Years

Saying the bid was below the reserves’ estimated fair market value, the agency nixed the offer from a subsidiary of St. Louis-based Peabody Energy Corp. of $362 million for slightly more than 400 million tons of Powder River Basin coal reserves.

1Mar2012 | admin | 0 comments | Continued
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Coal to Natural Gas Transition: New Data Says It
Has Climate Benefits

The data clearly shows that substituting natural gas for coal will have a substantial greenhouse benefit under almost any set of reasonable assumptions. Methane emissions must be five times larger than they currently appear to be before gas substitution for coal becomes detrimental from a global warming perspective on any time scale

1Mar2012 | admin | 0 comments | Continued
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Commentary: Wyoming Lays Groundwork for What? Secession?

Granted, it’s worthwhile to prepare for interruptions in food distribution, shortfalls in the state budget, earthquakes, forest fires raging through our dead forests, terrorist attacks, tornadoes and other disasters. But if the Federal Reserve Bank fails, I don’t think we can create a Wyoming Reserve Bank to take its place.

28Feb2012 | admin | 0 comments | Continued
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ROCKIES Oil & Gas Conference Set for April 12-13th

The 6th annual event will take place at the Grand Hyatt in Denver. Niobara and Bakken production, infrastructure and market outlook are the key areas of focus for the impressive speakers line-up. Learn more …

27Feb2012 | admin | 0 comments | Continued
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Wyoming Coal to Asia Plan

A company is proposing to build a $600 million terminal in southwest Washington to export 44 million metric tons of Powder River Basin coal to Asia each year, a total that would make it the largest such facility in North America.

24Feb2012 | admin | 0 comments | Continued
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The Dis-United States of Gas Prices:
Why Fuel Is So Cheap in Denver

Gas prices have been on the rise for the past two months, as the international game of chicken between the West and Iran over Tehran’s nuclear program has sent global price of crude oil up above $120 a barrel. Yet, thanks to America’s overwhelmed oil pipelines, some lucky drivers in the Rockies are getting a big discount on gas.

24Feb2012 | admin | 0 comments | Continued