Wyoming revenue report less bleak but Gordon urges restraint

CHEYENNE, Wyo. (AP) — A new report predicts that Wyoming's revenue from the oil, natural gas and coal industries will remain weak.

Gov. Mark Gordon says that while the report shows some improvement, Wyoming is nowhere close yet to recovering from the current downturn in oil prices and the coronavirus pandemic.

Gordon on Monday urged the Joint Appropriations Committee to work with him to lower spending. The Consensus Revenue Estimating Group report predicts a $451 million revenue shortfall, down from an $877 million shortfall the nonpartisan panel predicted in May.

National park tourism and wind energy development have helped offset dwindling revenue from the fossil-fuel industries.