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Rockies oil producers confront tightening credit as crude slump continues

October 13, 2015 in News

Oilmen in the Rockies are finding it increasingly difficult to find financing, as the downturn in crude prices persists and projections show the slump lingering through 2016. Banks, equity and bond markets were all less apt to lend to producers during the third quarter of 2015, according to a recent survey of the region's firms released by the Federal Reserve Bank of Kansas City. Private equity remained the most promising source of credit, though drillers reported a tightening there too. ... continue reading

Another presidential candidate coming to Wyoming

October 12, 2015 in News

GOP presidential hopeful Bobby Jindal will visit Cheyenne next month. Jindal, governor of Louisiana, will speak the evening of Nov. 16 at the Little America Hotel and Resort. The Wyoming Liberty Group is hosting Jindal. Tickets range from $40 to $750, with better seating and access to up to two receptions for more money. ... continue reading

Group buys Casper movie theater to house civic auditorium

October 9, 2015 in News

A group working to bring a civic auditorium to Casper has purchased a former downtown movie theater to house the long-planned venue. Citizens for a Civic Auditorium bought the Iris movie theater on Sept. 30, the group announced Friday. “Strategically located near the new downtown plaza, this building will provide ample space for arts and community events following a series of planned renovations,” the group wrote in its announcement. ... continue reading

Yellowstone sets record with 3.8 million visits this year

October 8, 2015 in News

Yellowstone National Park has set a record this year with more than 3.8 million visits at the end of September, and is on track to top 4 million visits by the year's end. According to park statistics, the number of recreational visits this year has surpassed a 2010 record of more than 3.6 million by nearly 5 percent. ... continue reading

Gov. Mead announces he’ll cut state budget by up to $200M

October 7, 2015 in News

Facing declining revenues from oil, natural gas and coal, Gov. Matt Mead said Wednesday morning he is preparing to cut up to $200 million in coming weeks from state government. The shortfall is occurring in the current fiscal year, which ends June 30, Mead said in a press conference. Read Full Story... continue reading

Capitol Square Project faces new budget problems

October 6, 2015 in News

CHEYENNE -- The $300 million project to overhaul the State Capitol and the adjacent Herschler Building is facing new budget problems. State leaders were told Monday that the execution of the proposed design for the Herschler Building will cost $32 million more than previous estimates. This prompted Gov. Matt Mead and top lawmakers on the Capitol Building Restoration Oversight Group to give preliminary approval to a new plan. ... continue reading

Wyoming’s first Job Corps center opens Monday

October 5, 2015 in News

U.S. Secretary of Labor Thomas Perez and other dignitaries will open a 136-acre campus Monday in Riverton that will provide disadvantaged youth education, job training and help finding jobs. The Wind River Job Corps Center has seven buildings and will be able to serve 300 students between the ages of 16 and 24, most of whom will live in dorms on campus. It is the result of a 10-year effort. ... continue reading

Spanish company restarts Natrona County bentonite operations

October 1, 2015 in News

An international company that has been in the clay industry since the 1950s is now beginning bentonite mining operations in Natrona County. With plans to expand locally and across Wyoming in the next five years, Tolsa Group of Madrid is a boon for the Wyoming mining industry, an industry official said. Last year, Tolsa Group of Madrid acquired the assets of U.S. Bentonite, which owned and operated a plant and four mines in Natrona County, but went bankrupt in 2013. The facilities outside Casper are To... continue reading

State’s top elected leaders to decide on airport terminal grant

September 30, 2015 in News

CHEYENNE – Wyoming’s top five elected officials will decide Thursday whether the Cheyenne Regional Airport will receive a $3 million grant to help build a new passenger terminal. The five elected leaders on the State Loan and Investment Board will decide on 19 grant requests for various projects across Wyoming. The Cheyenne Regional Airport Joint Powers Board applied to the Wyoming Business Council for the $3 million Community Readiness Grant for the project. ... continue reading

Wyoming breweries earn medals at national beer competition

September 29, 2015 in News

Two Wyoming breweries garnered national attention over the weekend at the Great American Beer Festival in Denver. Melvin Brewing and Lander Brewing Co. both earned awards for their brews at the event, which is likened to the Super Bowl of beer festivals. This year, the festival featured more than 750 breweries across the country. ... continue reading