Wyoming Supreme Court denies $3M tax exemption claim by oil and gas company

Wyoming Supreme Court denies $3M tax exemption claim by oil and gas company

by Dustin Bleizeffer, WyoFile Wyoming oil and gas producer Merit Energy is not entitled to $3 million in tax refunds for electricity it purchased for its operations, the Wyoming Supreme Court ruled this week. In a 20-page ruling authored by Justice Robert C. Jarosh, the high court denied Merit’s claim that electricity purchases from 2020 to 2023 qualify under a state tax exemption intended for businesses engaged in “transportation.” Rather than …