Meg Hilling | KOB4 | January 10, 2018
AZTEC, N.M. - Now you see it. Now you don't.
U.S. Oil Production Tops 10 Million Barrels A Day for First Time Since 1970
Alison Sider and Lynn Cook | Wall Street Journal | January 31, 2018U.S. oil production surpassed 10 million barrels a day in November for the first time in nearly 50 years, a milestone that underscores the growing dominance of the U.S. oil industry.
Read moreOil and Natural Gas Pump $1.742 Billion Into New Mexico’s Budget, Schools
SANTA FE, NM – A new report by the nonpartisan New Mexico Tax Research Institute reveals that New Mexico’s General Fund and public schools benefitted from $1.743 billion in oil and natural gas taxes and revenues in the previous fiscal year. The figures include $711 million in funding for public schools, and nearly $223 million for the state’s universities, colleges, and other higher education institutions.
ExxonMobil to Triple Permian Production by 2025, Expand Transportation Infrastructure
Exxon Mobil | January 30, 2018
- Company plans to invest more than $2 billion in terminal and transportation expansion
- Investments supported by changes to U.S. corporate tax rate
- Downstream and Chemical expansions progressing due to increased low-cost supply
Read moreLea County shows muscle in oil production world
Curtis C. Wynne | Hobbs News Sun | January 7, 2018
What if U.S. oil production if Lea, Eddy Counties were individual states?
Read moreScientists examining methane pollutants in the Four Corners
Unlike your garbage, pollutants like methane aren't exactly the easiest to see.
Forecast for ‘new’ money at $292M
Dan Boyd | Albuquerque Journal | January 25, 2018
SANTA FE – New Mexico’s roller-coaster revenue ride shows no signs of abating, with a surge in oil drilling driving state tax collections to the highest level they’ve been in years.
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