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Business & Industry

J. B. Okie, Sheep King of Central Wyoming

The vivid, charismatic J. B. Okie raised sheep near Badwater Creek at the turn of the last century, and was so successful he was called “Sheep King.” A businessman with great vision, he soon owned half a dozen stores in small towns in central Wyoming, and eventually an equal number in Mexico. Lost Cabin, Wyo., named for the legendary Lost Cabin Mine, was his base. Okie built an opulent mansion there, a big bunkhouse for employees, bungalows for guests, an office building, a roller rink, a golf course and an aviary full of birds of paradise (left), cockatoos and macaws.

The Wyoming Cattle Boom, 1868-1886

Grass was free and profits enormous in the cattle business in Wyoming Territory — for a while. The business dates to the 1850s, but the boom came after the Union Pacific Railroad connected Wyoming ranges to eastern markets. For a time it seemed as if every investor got rich. Finally, a weakening market and the overstocked range could not withstand two years of drought followed by a terrible winter. The big boom busted, following an economic pattern repeated many times since in an economy still based heavily on natural resources.

Industry, Politics and Power: the Union Pacific in Wyoming

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.

Rock Springs, Wyoming

Rock Springs, Wyo. traces its origins to a coal mine established there in 1868 to serve the still-building Union Pacific Railroad. Ever since, the town has been enriched by the people who came from around the world to live and work there—in coal mines, on the railroad and, in recent decades, in trona mines to the west and the oil and natural-gas fields to the north. Rock Springs boasted 56 nationalities by the 1920s. Its political and economic fortunes have closely followed all these industries’ cycles of boom and bust.

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Encyclopedia | The late 20th-century history of the Teapot Dome Oilfield, long after the end of the political scandal that made it famous, demonstrates an interesting public-private partnership that continued through eight and a half decades of the oil business in Wyoming and the West.
Encyclopedia | In August 1922, five U.S. Marines “invaded” the U.S. Naval Petroleum Reserve at Teapot Dome in central Wyoming to evict oil drillers the government had determined were there illegally. Bribery connected with acquiring those drilling rights eventually led to the Teapot Dome scandal—one of the worst in U.S. politics.
Encyclopedia | Bill Nye, first-rank humorist and 1880s editor of the Laramie Boomerang, tickled the funny bones of readers for decades and for a time became as well known, thanks to national speaking tours, as his contemporary Mark Twain.
Encyclopedia | Moncreiffes, Wallops, Careys and other Wyoming dealers offered local stockmen high prices for tens of thousands of horses for British and French markets during the Boer War and World War I. After that war, the U.S. Army expanded its remount service to improve bloodlines for horses for military markets.
Encyclopedia | Tracy McCraken borrowed $3,000 in 1926 to purchase the Cheyenne-based Wyoming Eagle. With a media empire that came to include newspapers in Cheyenne, Laramie, Rawlins, Rock Springs and Worland, plus TV and radio, he played a big role in 20th century Wyoming politics—and prospered.
Encyclopedia | The great Wild West showman, Buffalo Bill, failed as a capitalist leading large irrigation projects in northern Wyoming but succeeded in founding the state’s tourist industry and his namesake town, Cody—where the tourist dollar still sustains life.
Encyclopedia | Mixed-race families in early Wyoming appear to have sold oil skimmed from seeps to travelers on the emigrant trails, who used the oil to lubricate their wagon axles. It was a small start for what has become the huge petroleum business, so important to Wyoming today.
Encyclopedia | The Powder River Basin coal-bed methane boom in the early 2000s stirred controversies over land rights, mineral rights, environmental stewardship, the disposal of water and—at every turn—politics. Now, few of the 29,000 wells drilled produce much gas and around 3,000 wells are abandoned and left to the state to clean up. 

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