• Advocates for transparency and investment in Wyoming’s mineral economy

In a recent interview on SVI Radio, Senator Dan Dockstader, representing Senate District 16, shared insights into the current legislative climate in Cheyenne. Expressing concerns about the influx of new members in the House, Dockstader stated, “I am a little concerned… I am worried we won’t see all the pieces of legislation, but we’ll catch up.”

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Dockstader highlighted the financial benefits of Wyoming’s mineral-based economy, noting, “I’ve been impressed with the amount of money coming into our state from minerals.” He revealed that legislation aimed at quantifying the economic impact of minerals passed unanimously in the Senate, and results are expected by the fall of 2025.

During his tour across the state, Dockstader estimated that Exxon Mobil alone contributes roughly $100 million annually in taxes and payroll, underscoring the industry’s significance. His inquiries led him to a meeting in Washington, D.C., with Bureau of Land Management Director Tracy Stone-Manning, where he emphasized the broad implications of mineral extraction for industries such as trona.

He reported that Wyoming collects a total of $202.8 million in taxes from mineral operations. “I am pushing through legislation to see what we are spending in every way,” he said, advocating for careful allocation of state funds.

So far, Wyoming has invested $98 million in 16 projects, resulting in $216 million in private and federal investments. Dockstader pointed out that these funds have primarily supported fossil fuel initiatives, with 75% allocated to oil and gas projects. He noted the creation of 2,000 new jobs and the potential for 500 more on the horizon due to the oil and gas projects.

Senator Dockstader also addressed property tax concerns, restating the 50% property tax cut made to be able to back fill and advocating for the restoration of $50 million to fire departments and hospitals.