Wyoming Tax Collections and Oil Prices Rise
State tax revenue hit $98.8 million in September as energy sector activity continued to climb.
Updated on Oct. 15, 2026 in Economic Indicators
Live Poll
Do you feel your local economy is heading in the right direction?
Wyoming saw total sales and use tax collections reach $98.8 million in September 2026. This performance reflects broader increases in the state's retail and mining tax receipts compared to the prior year.
Why it matters
Rising tax collections in key sectors provide a snapshot of Wyoming's economic health as energy prices fluctuate. Tracking these indicators helps the state gauge the impact of mining and retail trade activity on public revenue.
Total sales and use tax collections reached $98.8 million in September, representing an 11.5% increase over the previous year. This included a 16.4% rise in retail tax collections and a 39.2% jump in mining sector tax receipts.
The players
Wyoming Economic Analysis Division
This state agency is responsible for tracking energy indices and business indicators to provide fiscal context for the Wyoming economy.
The details
The Economic Analysis Division recorded an average crude oil price of $97.31 per barrel for September 2026, supported by 14 active oil rigs and two gas rigs. Natural gas prices also averaged $2.95 per MMBtu at the Henry Hub and $2.67 per MMBtu at the Opal Hub during the same period.
Timeline
September 2025: Eight oil rigs and five gas rigs operated across the state.
September 2026: Total state sales tax collections reached $98.8 million.
Macro View
The report provides updated figures for the Economic Analysis Division's state energy index, which tracks the correlation between drilling activity and local tax revenue. Current tax collection figures update the performance trends previously established by the state's energy index reporting.
Increased state tax collections from mining and retail sectors can influence budget planning and local funding priorities for Wyoming residents. These trends serve as a barometer for the state's overall economic stability and potential public investment capacity.
The takeaway
Wyoming's revenue growth highlights the significant influence that commodity prices and mining sector activity have on state finances. Residents may monitor these indicators to understand potential changes in the state's fiscal outlook.
Further reading
For more on local fiscal performance, see the Economic Indicators section.
More information
Review the latest data on the Wyoming Economic Analysis Division website.
Source note: This article includes information reported by Wyoming Tribune Eagle.
Live Poll
Do you feel your local economy is heading in the right direction?
