News

This Earth Day, we want to underscore the importance and value of New Mexico energy to our state and the country, while recognizing the significant progress and investments made in delivering cleaner, more reliable energy.

Rystad Energy, OilPrice.com | April 21st, 2022Gas flaring activity in the global upstream sector sunk last year to its lowest level in a decade due to improved productivity, increased environmental awareness, and lower fuel demand caused by Covid-19 lockdowns and travel restrictions, Rystad Energy research shows. Estimates show upstream flaring emitted about 276 million tonnes of carbon dioxide (CO2) in 2021, down marginally from 283 million tonnes in 2020, continuing a downward trend since the onset of the Covid-19 pandemic.

Nick Sobczyk and Scott Streater, E&E News | April 19th, 2022The Interior Department’s move to resume onshore oil and gas leasing and hike royalty rates is scrambling the political talk around energy production after months of efforts by congressional Democrats to overhaul federal drilling.

Happy Easter New Mexico! Did you know that there are many Easter products powered by oil and natural gas?

Katy Stech Ferek and Timothy Puko, The Wall Street Journal | April 15th, 2022WASHINGTON—The Biden administration announced lease sales for oil and gas drilling on federal land Friday, but said it would sharply reduce the acreage available for leases and charge higher royalties on the oil and gas produced.

Harriet Hageman, The Federalist | April 5th, 2022In December 2008, Marine Corps Gen. James Jones (retired) wrote in a Wall Street Journal article that “You can’t use the word energy independence. It is not a valid phrase. It is designed to excite people. But it is simply not going to happen.”