Opinion: Good riddance to Obama's gas flaring rule
Barry Russell | Washington Examiner | October 1, 2018
The release of the Bureau of Land Management’s waste prevention rule, also known as the BLM venting and flaring rule, is welcome news for the future of energy development and environmental protection. Oil-producing states’ economies are also set to benefit.
Revised BLM Rule Helps New Mexico’s Economy, Preserves Funding for Schools
SANTA FE, NEW MEXICO – Today, the United States Bureau of Land Management published a revision to the Waste Prevention Rule that will eliminate duplication and cut red tape for New Mexico’s oil and natural gas producers. The controversial rule was initially put in place during the waning moments of the Obama administration, while methane emissions around the country and New Mexico collapsed even as oil and natural gas production increased.
U.S. Becomes Top Oil Producer Globally
Irina Slav | Oilprice.com | Sep 13, 2018
The United States this year became the largest crude oil producer, surpassing Russia and Saudi Arabia, according to preliminary estimates from the Energy Information Administration.
Read moreThe Rest Of The Story On New Mexico's Record Permian Basin Lease Auction
David Blackmon | Forbes | September 10th, 2018
By now you may have already read about the fact that an oil and gas leasing auction conducted by the Bureau of Land Management (BLM) in Southeast New Mexico late last week grossed almost a billion dollars, coming in at $967 million. As the Albuquerque Journal noted, that sum more than tripled the total dollars bid on all federal onshore lease auctions held during entirety of 2017, and more than doubled the previous record year of 2008.
Oil and gas lease sale breaks records at almost $1B
Lisa Dunlap | Roswell Daily Record | September 7, 2018
The sale of oil and gas leases by the U.S. Bureau of Land Management for parcels in southeast New Mexico has brought in close to $1 billion in revenues, breaking records and earning more than all 2017 lease sales combined.
Southwestern States May Be Helping To Drive The Continuing National Economic Boom
Tim Henderson | Stateline | September 11, 2018
An oil and gas bonanza in Southwestern states may be helping to drive the continuing national economic boom.