Members of Wyoming's Republican leadership raved about the legislative session that wrapped up Thursday, praising the state budget and lawmakers' support of business. The GOP leaders said the budget will do a lot for the state, but they noted that they were also able to put a lot into savings. Although the Senate Appropriations Committee was criticized for focusing too much on saving, Chairman Eli Bebout says in fact they probably spent too much. He says the energy industry could face tough times in Wyoming and it's important to be prepared.
After hearing the budget request from the University of Wyoming, a State Senator says it is time that U-W look at raising tuition to a much higher level.
Senate Appropriations Chairman Eli Bebout says the cost of maintaining a high quality institution is substantial. Bebout says U-W had to go through some difficult budget cuts and so it may be time that the University take steps to raise some of its own revenue.
Wyoming continues to monitor slumping natural gas prices that officials say threaten to cost the state millions in lost tax revenues.
The Wyoming Tribune Eagle reports that natural gas prices averaged $2.10 per thousand cubic feet at the Opal Hub in western Wyoming through the first few weeks of March. That's down from $2.52 in February. This time last year, gas prices averaged nearly $3.80 per thousand cubic feet.