House Weighs New Oil Technology
Cheyenne, Wy – The House will vote for a final time on a bill that puts over two million dollars into a new process for extracting oil from existing wells. The funding was restored on second reading, despite continued concerns over whether the state should give money to the University for research. Casper Republican Roy Cohee admits that is a concern because because perhaps they should not give the school more money for something it should be doing anyway.
The bill also sets up an Enhanced and Improved Oil Recovery Commission. Supporters say with high oil prices it will mean millions of dollars in revenue for the state.