54th Legislative Update

NM killing goose that lays golden eggs

AlbuquerqueJournal | Rep. Montoya | February 10th, 2019

NMOGA_Ext_MontoyaQuote.pngWhat is the No. 1 source of education and state government funding in New Mexico? What is our No. 1 industry for employment, high-paying jobs and tax revenue? What is the specific source of the current $1.1 billion budget surplus?

If you said that the oil and gas industry is the “Golden Goose,” you would be correct. So why is the governor trying to place natural gas production on the endangered species list?

Since the beginning of the year, we’ve seen the new administration declare war on oil and gas producers, and at the same time propose a 13 percent budget increase. That’s like expecting to win the lottery every year!

Read more
container -->