(The Center Square) – Recent projections show New Mexico’s budget surplus is $440 million more a December projection thanks mostly to oil and gas production, according to economists. Gross receipts tax collection was also running $248 […]
The inherent dangers of capturing and transporting carbon dioxide for industrial operations exploded into the public domain two years ago when a CO2 pipeline suddenly ruptured in the tiny Mississippi town of Satartia. The pipeline […]
Dealmaking in the U.S. oil and gas industry in the third quarter of 2021 fell from a two-year high in the previous quarter, according to data analytics firm Enverus on Tuesday, as the industry cools […]
While Gov. Lujan Grisham is in Scotland touting the need to address climate change, President Biden, at the recent G-20, pleaded with other nations to increase their oil production to lower the price of gasoline. Maybe […]
New Mexico’s oil production surged to a record in May, lifting output to the second-highest in the nation and highlighting the Permian Basin’s role in leading the shale industry’s rebound from the pandemic. The southwestern […]
A bill that could unlock federal funds to help clean up abandoned oil and gas wells while also raising bonding rates energy companies pay to fund such efforts passed a Congressional committee this week after […]
New Mexico’s air will be cleaner and free of more ozone — equivalent to taking 8 million cars off the road, according to some estimates — if new requirements from the state’s Environment Department go into effect […]
Without sales of New Mexico federal land to the oil and gas industry, the state could lose out on millions of dollars in revenue every year. The Bureau of Land Management, a sub-agency of the […]
President Joe Biden’s attempts to mitigate climate change continued to see mixed reviews from New Mexico leaders as the President sought to reduce pollution by slowing fossil fuel production – a major driver of the […]
New Mexico has always been a large oil and gas producing state, however in recent years it has also added large amount of wind and solar to the energy production portfolio. The mix of energy […]
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