Jobs & Economy in Newcastle

Newcastle's economy runs on a real, distinctive combination of oil refining and rail transport, alongside healthcare, education, and tourism-serving businesses.

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A real, defining oil-refining pillar

The Wyoming Refining Company's Main Street refinery (established 1927, 20,000-barrel-per-day capacity) remains one of Newcastle's primary employers, producing butane, propane, diesel, jet fuel, and gasoline from local crude oil basins. The facility suffered a real, disclosed explosion in February 2025 and subsequently restarted operations.

A real railroad pillar

The BNSF Railway (successor to the historic Chicago, Burlington and Quincy Railroad that founded Newcastle in 1889) remains a real, current major local employer.

Healthcare, education, and tourism

Weston County Health Services and the Weston County School District round out Newcastle's major real, current employers, alongside businesses serving visitors to the nearby Black Hills.

Key takeaways

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Last reviewed: 2026-09-02. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.