The oil and natural gas industry pays more in taxes than anyone else in New Mexico, supporting 134,000 total jobs, 1 of 7 public sector jobs, and more than one-third of the state budget.

Dec 03, 2020

"Oil and gas companies keep taking from taxpayers."

The oil and natural gas industry pays more in taxes than anyone else in New Mexico, supporting 134,000 total jobs, 1 of 7 public sector jobs, and more than one-third of the state budget.

Source: New Mexico Tax Research Institute