Huge oil and natural gas revenue stream flows in
Albuquerque Journal | September 8, 2019
“We’ve all heard stories of lottery winners, rock stars, heirs and heiresses, and professional athletes becoming millionaire morons who wake up rich but are broke by nightfall.”
– Robert Kiyosaki, financial adviser and author of “Rich Dad, Poor Dad” (whose own company went bankrupt last year!)
Read moreInvestments In New Mexico Oil and Gas Industry Could Increase Production By 323%
William Allison | Energy in Depth | September 3, 2019
New Mexico’s growing oil and natural gas industry is set to generate “unprecedented opportunities” from a newly forecasted $174 billion in private infrastructure investments by 2030, the New Mexico Oil & Gas Association announced today.
U.S. oil sector sets another record in another sign of energy independence
Marissa Luck | Houston Chronicle | August 21, 2019
The U.S. energy sector broke another record last year as the shale boom sent natural gas and petroleum production soaring.
Oil and gas industry predicts billions in investments in New Mexico through 2030
Adrian Hedden | Carlsbad Current Argus | September 3, 2019
Solutions to the Permian Basin’s pipeline bottleneck problem could grow in the next decade as the oil and gas industry is expected to invest almost $200 billion in new infrastructure.
New Mexico on pace for record $7.8 billion revenue thanks to oil production
Associated Press | Farmington Daily Times | August 19, 2019
New Mexico is now on track to collect an unprecedented $7.8 billion in the budget year thanks to skyrocketing oil production, according to a new legislative revenue tracking report.
NM coffers flush with cash from oil boom
Dan Boyd | Albuquerque Journal | August 16, 2019
New Mexico’s revenue boom is showing no signs of busting.
Total state revenue collections were roughly $273 million above projected levels through April, according to a new report, due primarily to skyrocketing oil production in southeastern New Mexico that has led to a regional economic upswing.
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