LARAMIE, Wyo. (AP) - Wyoming natural gas prices have dropped even more.

The state's Economic Analysis Division said Tuesday that gas at Wyoming's Opal Hub is selling at $2.75 per thousand cubic feet. State economists estimated back in October that gas would sell at $4. They later revised revenue estimates downward based on a projected average price of $3.25.

Jim Robinson is the senior economist for the state's Economic Analysis Division. He told Wyoming Public Radio that the price has dropped because of warmer winter weather and abundant supplies.

Economists expect the state will have $164 million less money to spend over the next few years because of the price decline.

A legislative committee voted last week to set aside $150 million in case the state ends up short on revenue next year.

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