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Senator Cooper says Wyoming crude sells at a discount to national benchmarks, warns on royalty impacts
2521398 · March 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Senator Cooper explained on the Senate floor that Wyoming crude typically receives discounts versus West Texas Intermediate and said royalties and taxes reduce producer receipts, potentially making current well economics difficult.
Senator Cooper spoke briefly on the floor March 6 about how Wyoming oil and gas volumes are priced relative to national benchmarks, warning that discounts and royalties reduce net receipts for producers and can affect drilling economics.
"When we see this, WTI number,…
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