Business & Industry
Browse Articles about Business & Industry
|ETSI coal slurry pipeline||Dan Whipple|
|Farlow, Ed and Tim McCoy with Wind River Indians on stage and screen||Rebecca Hein|
|Ferries, North Platte River; Oregon Trail sites of||WyoHistory.org|
|Flaming Gorge Dam and Reservoir||Annette Hein|
|Fur trade in Wyoming||Jim Hardee|
|Fur trading in 1834||Tom Rea|
|Gamara, Batiste, coal miner||Sergio Vedovato|
|Glendo Dam, History of||The National Park Service|
|Goes-in-Lodge, Arapaho, with Ed Farlow and Tim McCoy on stage and screen||Rebecca Hein|
|Grass Creek Oil Field||Rebecca Hein|
Business & Industry
Since it first entered the state in 1890, the Burlington Railroad has helped connect Wyoming with the world. Burlington officials were drawn here by Wyoming’s marketable natural resources and by its geography: Wyoming offered the best routes for transcontinental lines from the Midwest and South to the Pacific Northwest.
The construction of the Union Pacific in 1868 gave rise to the towns, geography of settlement and the economy of new Wyoming Territory in 1869. Obstacles to construction were both physical and financial, and the railroad overcame them with sometimes slapdash results—hastily laid track and rickety bridges, watered stock and Congressional corruption. But the Union Pacific contributed enormously to Wyoming’s growth and development, made its modern economy possible and continues today as an economic power in the state.
Early Wyoming was seen as a hardscrabble place. But after 1900, dude ranches showed off Wyoming’s mountain scenery, fishing, hunting and hospitality, and thanks to the elite guests’ taste-making powers, Wyoming and the West became associated less with cold wind and distance and more with romantic glories.
Prospectors first struck oil in the Salt Creek Oil Field in northern Natrona County, Wyo. late in the 1880s. The first gusher came in in 1908. The subsequent boom lasted until the late 1920s, peaking in 1923, when the field produced more than 35 million barrels of oil. Tom Wall, who went to work in the field in 1917, stayed for decades and in the 1970s wrote out his memories of life in the oil patch through boom and bust. After 125 years and thanks to new technologies, the Salt Creek Field continues to produce today.
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.
Billy Owen never saw a railroad until he was eight years old. His mother had told him about railroads. But in his mind as he traveled east by wagon train across Wyoming in the spring of 1868, he had imagined railroad wheels that looked something like wagon wheels. They rolled in grooves. Each groove was made by two rails. That meant it took four rails, as he imagined it, to make a track.