Alva Review-Courier -

Wyoming oil industry still hampered by weak prices


CASPER, Wyo. (AP) — Low oil prices continue to stifle activity in Wyoming's oil industry.

Benchmark prices are lingering under $50 a barrel. Wyoming producers say they can manage above $50 but sustained low prices can slow down production and exploration.

Steve Kirkwood of Casper-based Kirkwood Oil and Gas says he's holding off on new drilling in older oil fields right now.

The Casper Star-Tribune reports ( analysts are divided on what will happen with crude prices from here. Some are bullish but others including Phil Flynn with Price Futures Group in Chicago are more beari...

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