Wyo. wants sequestered royalty cash to buy Teton parcels

Posted: Apr 26, 2013

Written by

Kevin Huelsmann, Jackson Hole News & Guide
Antelope Flats

State Rep. Keith Gingery, of Jackson, is lobbying the state’s U.S. senators to fight for $53 million in mineral royalty payments withheld by the federal government.

If Wyoming’s representatives can regain the money, it could fund a deal for hundreds of acres in Grand Teton National Park. In 2010, state lawmakers agreed to sell four parcels in the park, and set a deadline on each for federal officials. Two parcels have been purchased by the Department of the Interior. The other two must sell in coming years. Each is worth about $50 million.

Last summer, federal officials announced they plan to withhold $53 million in mineral revenue payments from Wyoming as part of sequestration.


Copyright © 2019 Red Lodge Clearinghouse. All rights reserved.