WyoHistory.org

The Online Encyclopedia of Wyoming History

natrona county

natrona county

The Mineral Leasing Act of 1920: The law that changed Wyoming's economic destiny

The Mineral Leasing Act of 1920 established the modern system by which oil and coal companies may lease federal land. This system has proven enormously beneficial to Wyoming’s state coffers since it was first enacted nearly 100 years ago. How this all came about is a story of early oil producers looking for a way around a presidential order and a highly contentious Supreme Court case, all with lucrative results for the state of Wyoming—and a stabilizing result for the industry.

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