Wyoming’s economic development brought together entrepreneurs, workers, and settlers who built diverse industries. Mining and energy extraction provided steady employment for thousands of workers and their families, fueling Wyoming’s growth and contributing significantly to national energy needs. These industries faced challenges: boom-and-bust economic cycles created periods of hardship, working conditions could be dangerous, and competition for jobs sometimes led to tensions between different groups of workers, occasionally erupting into serious conflicts like the 1885 Rock Springs incident.
Yet Wyoming’s economic founders also demonstrated remarkable adaptability and innovation—from early recognition of boom-bust volatility leading to the creation of the Permanent Mineral Trust Fund, to pioneering hydraulic fracturing techniques that unlocked vast natural gas reserves, to leadership in renewable wind energy. This legacy of innovation and adaptation continues to position Wyoming as a leader in American energy development.