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Gov. Matt Mead (R-WY) on natural gas, exporting to China, and the effect of lower taxes in Wyoming.
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-- coming as the number one coal producer and one of -- -- natural gas -- in the country.
The drop -- natural gas prices in the -- of course in the energy regulation policies are forcing the tabloids say to tight and bell.
And explore other markets believe they're not joining us now Wyoming Republican governor -- need governor thanks so much for taking the time to -- with us.
Natural gas prices below two dollars right now and I guess you're budgeting for a closer to four weren't you.
Well -- takes forever beyond -- are we up budgeted three dollars and 25 cent natural gas and does hovers around two dollars a little over two dollars we are goods additional belt tightening.
What does that mean other than you know cutting costs are in and around the office you're looking for other ways to make money on natural gas -- Well we are we don't want of thirteen states just look at of that natural gas coalition -- we can get some.
Vehicles made from Detroit to burn natural gas we of course are interested -- -- -- power plants.
And of course as humans we also have -- also -- coal oil gas -- -- the best uses all of not just -- ship that that we maximize the value for state.
Right because natural gas the man it's it's.
Are pretty confidence our next boom it's a matter of getting the demand that break the supply is there we gotta get the demand up so we need industry and pretty much -- asking for.
Well hey -- we certainly have the supply -- also great opportunity to discuss facility be energy independent and does so we just need to find additional uses.
Because it's a great opportunity for job creation that's a great opportunity not dispersed it's like -- to put the whole country -- very class -- at deceased no question about supply it would prove technologies.
We have found guest players all over the country -- that the -- supply.
You're also leading producer of coal and now I know it comes out really cheap in your statement unfortunately getting across the country you're getting hit the transportation costs are in.
Well transportation straw certainly had to a big you know we've -- -- and we can compete with transportation cost the difficulty we have is worth.
You know what we view is on reasonable rules CPA.
And regulations.
We're working to get political -- as it is possible but.
You have to have those companies in the game to do that and if you have.
Unreasonable rules and regulations.
Figure shutting -- down rather improving there what they can do.
-- chart seems to be regulation is killing the whole coal industry.
British China play in this whole picture I understand you're looking to export to China.
Well we think we have an opportunity you know we have we have to top -- coal mines in the country we.
Exported 440 million times.
Last year.
I was in China last month that.
You know I think there's a great need particularly on the coastal areas for additional power and -- -- that opportunity now of course you can't -- that.
Directly we have to go through other states and some of the West Coast states.
Past concerns of what works through -- as a deterrent with -- -- or being able to export critical to apple.
You know and quickly X one -- Point out to everyone you have no personal or corporate tax your seals your sales tax is only 4% no tax and retirement accounts indoor pensions.
I -- amount all that is bringing bring in the wealthy -- -- state is that going to help revenues going forward.
Well it doesn't help -- we're probably we say you know there's -- state does a better interest taxes we have very low taxes and let you look at our economy and even now what -- I think we're very good shape to -- -- other states those -- -- been a great -- Thursday.
-- act and -- tell -- it is one of the most beautiful and are finding nice it's America governor and that need of Wyoming thanks statement conservation entry thanks.
