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Tax relief, other options on the table, Wyoming's Mark Gordon says.

Farm Press Staff

June 20, 2022

1 Min Read
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Tim Hearden

A rural Western governor is assembling a task force to provide relief for consumers feeling the pinch of rising fuel costs.

Wyoming's Gov. Mark Gordon, a Republican, recently announced the formation of a Gas and Diesel Price Working Group that will include members of his administration as well as representatives of the transportation and agricultural sectors, citizens and legislators.

“I’m committed to considering any and all possible ways, including tax reductions, to provide some quick relief for consumers," Gordon said.

Gasoline prices in Wyoming have been shattering records, reaching an average of $4.72 a gallon as of June 10, according to the Casper Star-Tribune. Taxes on oil drilling provide much of the funding for state services, which keeps other state taxes low, the newspaper explains. Wyoming's drilling-rig count is still only about half what it was before the COVID-19 pandemic, the paper reports.

The state’s oil companies tell the Star-Trobime the high oil prices are incentive enough to drill, but other obstacles, including supply chain issues, have slowed them down.

The working group is tasked to examine a wide range of options and seek out any relief that will reduce the price at the pump of gasoline, diesel and other related products impacted by higher fuel prices in the state, the governor's office states.

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