More than 800%
Annual increase in Wyoming's revenue from leasing land to oil and gas companies. The hike is largely due to rebounding oil prices, which hit record lows in 2016, and the Trump administration being friendlier to oil and gas companies than Obama. The state, however, still faces a more than $700 million budget gap.
Annual increase in Wyoming's revenue from leasing land to oil and gas companies. The hike is largely due to rebounding oil prices, which hit record lows in 2016, and the Trump administration being friendlier to oil and gas companies than Obama. The state, however, still faces a more than $700 million budget gap.
