Tagged: wyoming budget

Wyoming’s investment portfolio should allow it to survive the looming fiscal cliff and international financial problems. 

Gordon says former Treasurer Joe Meyer and others have done a good job of diversifying Wyoming’s portfolio.  He says that has allowed the state to make significant amount money through investments.                  

"We have a very, very diversified approach and portfolio.  That puts the investment picture, which is the third most important component of Wyoming’s revenue stream…it kind of puts it in good stead. "

 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.