A family-owned daily newspaper serving Riverton, Lander and Fremont County, Wyoming since 1949

Bill fails in taxing well flaring

Oct 30, 2013 - The Associated Press

CHEYENNE -- The Legislature's Joint Revenue Interim Committee has rejected a proposal that would have imposed taxes on flared natural gas in Wyoming.

The proposal failed on an 8-2 vote Tuesday in Cheyenne after committee members concluded that the revenue raised from the tax wasn't worth the lawsuits that might challenge it.

Flaring is the burning of natural gas produced at the well into the atmosphere without collecting it. Producers flare the gas because they have no means to transport and process the gas or the gas isn't worth collecting.

Get your copy of The Ranger online, every day! If you are a current print subscriber and want to also access dailyranger.com online (there is nothing more to purchase) including being able to download The Mining and Energy Edition, click here. Looking to start a new online subscription to dailyranger.com (even if it is for just one day)? Access our secure SSL encrypted server and start your subscription now by clicking here.

County Weather

Photo Gallery

Twitter Feed (Follow Us!)

Contact Us  © 2017 Riverton Ranger, Inc.