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HomeNew Mexico

New Mexico

Big Oil Companies

US Oil Dominance Hinges on Quiet Corner of New Mexico

August 27, 2024 Stu Turley

About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people is quietly buttressing the US’s world oil dominance. After pumping less crude in the years leading up to the […]

Climate Crisis

Week Recap: States Sue EPA, Biden Raises Tariffs, Trump Targets Wind

May 18, 2024 Andy Del Prado

Weekly Daily Standup Top Stories 25 States Sue EPA Over Unachievable Power Plant Regulations May 11, 2024 Stu Turley West Virginia and Indiana are leading a group of 25 states asking for the U.S. Court of […]

US shale
Crude Oil News

US shale companies accused of collusion over oil price

May 13, 2024 Mariel Alumit

The US shale oil industry faces a barrage of lawsuits alleging some of the largest companies in the sector colluded to curb output and raise prices, after similar claims were made by US antitrust regulators. […]

New Mexico
Renewables Not Sustainable

New Mexico Spends Millions On Solar Projects, Has No Idea How Much Power They’ll Generate

April 25, 2024 Mariel Alumit

New Mexico’s Economic Development Department announced plans this month to spend millions of dollars on “energy transition” projects [to meet climate change metrics and create jobs]. [emphasis, links added] The only problem is she doesn’t […]

geothermal energy
Electrical Generation / Utilities

US aiming to ‘crack the code’ on deploying geothermal energy at scale

April 2, 2024 Mariel Alumit

A limitless supply of heat exists beneath our feet within the Earth’s crust, but harnessing it at scale has proved challenging. Now, a combination of new techniques, government support and the pressing need to secure […]

Independent Petroleum Association of New Mexico
Crude Oil News

Judge allows oil and gas association to intervene in New Mexico lawsuit

April 1, 2024 Mariel Alumit

The Independent Petroleum Association of New Mexico is being allowed to intervene in a lawsuit brought by environmentalists who contend the state has failed its duties to protect residents from oil and gas pollution. A […]

Crude Oil News

Daily Energy Standup Episode #328 – Disparity in Oil Demand Forecasts, New Mexico’s Royalty Rate Standoff, and Market Volatility

March 13, 2024 Andy Del Prado

Daily Standup Top Stories OPEC, IEA at most divided on oil demand since at least 2008 March 12, 2024 Mariel Alumit LONDON, March 11 (Reuters) – Producer group OPEC and the International Energy Agency, the world’s […]

New Mexico
Crude Oil News

New Mexico halts some oil-field lease sales in standoff over royalty rates in Permian Basin

March 11, 2024 Mariel Alumit

SANTA FE, N.M. (AP) — New Mexico’s State Land Office will withhold lease sales indefinitely on its most promising tracts for oil and natural gas development in the Permian Basin as it seeks approval by […]

U.S. growth
Crude Oil News

Rise in relatively denser crude oil production drives U.S. growth

January 24, 2024 Stu Turley

Data source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production Crude oil production in the United States reached a record high in August 2023, led primarily by more production in Texas. In 2023, most […]

U.S.
Crude Oil News

U.S. oil and gas jobs on the rise, industry shows resilience and growth

December 12, 2023 Mariel Alumit

(WO) — The Energy Workforce & Technology Council’s monthly jobs report reveals a surge of 1,286 jobs in the U.S. oilfield services sector for November. This growth, based on preliminary data from the Bureau of […]

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