natural gas prices

Cheyenne Light, Fuel & Power’s natural gas prices this winter are expected to remain flat or slightly below 2011 prices overall.  Last winter was warmer than normal across Cheyenne Light’s service territory. If weather is colder this winter than last, total heating bills could be higher than last winter if customers increase their usage. Besides price, usage is the other factor that determines overall natural gas utility bills, and weather is a key driver in how much natural gas customers use to heat their homes and businesses.

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Winston Porter, an environmental energy consultant and lecturer on energy issues said in Cheyenne Tuesday that he feels natural gas prices have "bottomed out" and will probably increase over the coming months, although he says the short term increases will probably be rather small.

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The state's most recent economic indicators show some good news and some not so good news. Jim Robinson, Senior Economist With the state's Economic Analysis Division, says natural gas prices at the Opal hub averaged $2.24 per mcf in may. Robinson says while prices are below what experts had pr

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Creighton University Economics Professor Ernie Goss says his latest survey of purchasing managers in Wyoming shows continued growth for the state economy. Unfortunately for the overall economy and state revenues, however, the outlook for natural gas prices is somewhat murky. Goss says his economic conditions index score for Wyoming for April was 68.5. Even though that's a slight decline from the March score of 70.2, Goss still characterizes the April score as ''very strong".

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As natural gas prices go lower, Governor Matt Mead (R-WY) is asking state agencies to prepare for 8 % cuts by the end of this year.

A reduction of 8% would result in a cut of $74.5 million dollars from the budget in fiscal year 2014, which starts on July 1st, 2013. Governor Mead has also asked state agencies to immediately institute a cap on staff positions.  The Department of Health is exempt from preparing cuts because the Legislature has already directed the Department of Health to make 4% cuts. The instruction to other agencies is to prepare potential cuts.

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The nationwide price of natural gas has fallen below 2 dollars per 1,000 cubic feet (MCF).  Doug Randall reports. April 16th-20th is Spring Severe Weather Awareness Week in Wyoming. Click past the jump to listen to Wyoming Radio News.

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A look at the economic indicators for Wyoming through February shows some some good news and some not so good news. Jim Robinson, senior economist with the state's Economic Analysis Division says on the negative side, n

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