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CBNG development has generated
significant revenue for Wyoming and similar is projected for Montana.
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economics Wyoming Tax Revenue WY CBNG Prod. Outlook MT Revenue Potential |
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Wyoming and the Powder
River Basins With reserves in the Powder River Basin estimated
at as much as 43 trillion cubic feet (tcf), northeast Wyoming and southeast
Montana are the sites of a major source of America's fastest growing
natural resource -- coalbed natural gas. The United States consumes
about 22 tcf of natural gas a year and the Basin provides over 900,000
cubic feet of gas per day to heat and cool homes, cook food and provide
electricity to millions of Americans. Over half of American families
and businesses use natural gas and 70% of new single-family homes in
the U.S. built in 2001 have natural gas heating, according to the Department
of Energy.
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