Freudenthal open to gas pipeline ideas

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By The Associated Press

Story Published: Sep 3, 2008 at 6:49 PM MST

Story Updated: Sep 3, 2008 at 6:49 PM MST

CHEYENNE, WYOMING - Gov. Dave Freudenthal says the state has no constitutional authority to invest in new pipelines to help move natural gas produced in Wyoming to out-of-state markets.

However, Freudenthal says he's open to any discussion about amending Wyoming laws to allow state involvement in pipeline development. Natural gas produced in Wyoming consistently sells for less than gas produced elsewhere in the United States because there's a shortage of pipeline capacity to export Wyoming gas.

To move the excess, Wyoming producers discount their gas to buy space in pipelines. Since state taxes on gas production are tied to the price of gas, the Wyoming Pipeline Authority estimates the state loses hundreds of millions of dollars in potential tax revenue.

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