2025 Oil and Gas Industry Taxes Benefit NM’s Future Generations - New Mexico Oil and Gas Association

2025 Oil and Gas Industry Taxes Benefit NM’s Future Generations

In 2025, New Mexico's oil and gas industry generated over $13 billion in state and local revenue. $3.1 billion of these funds went directly into state permanent funds that generate investment income to support state spending on education, healthcare, public safety, and more. 

This investment of oil and gas tax revenue has helped build a permanent fund of over $50 billion that will support New Mexicans for generations to come, even in counties that don't produce oil and gas.

Every county in the state has benefitted from the revenue generated by these oil and gas-funded savings accounts through distributions to the state's general fund and reinvestment into the state's reserves. Find out how much you benefit from oil and gas at ForEveryNewMexican.com