The principal economist with the state's Economic Analysis Division says there is hope for increasing oil and gas prices, which are critical to the state's economy.
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
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.