NM earned $3.1B in oil, gas revenue in FY 2019
Kevin Robinson-Avila, Albuquerque Journal | January 16, 2020
State revenue from oil and gas activity soared to a record $3.1 billion in fiscal year 2019, up 41% from the $2.2 billion generated the year before, according to the latest annual report from the New Mexico Tax Research Institute.
2019 Top Stories #1: NM cashes in on the world’s most productive oil field
Kendra Chamberlain, NM Political Report | December 31, 2019
The Permian Basin became the world’s most productive oilfield in 2019, and New Mexico is reaping the financial benefits. The state saw a significant revenue surge this year, resulting in a projected $7.8 billion collected.
The Shale Revolution
David Wethe, Bloomberg | December 27, 2019
Even big oil companies say solar and wind will be the energy of the future. But while we wait, the energy of the present is being transformed — for better and for worse — by technologies that unlock fuel from underground rocks known as shale.
2019 End of Year Recap
2019 has been a banner year for New Mexico’s oil and natural gas industry.
Decade in Review: 2010 - 2019
Thanks to historic oil and natural gas production this decade, our state’s economic outlook is as strong as it’s ever been.
Why I'm Thankful for the Shale Revolution
Lee Habeeb, Newsweek | November 27, 2019
A story crossed the wires last week from Energy In Depth, a project of the Independent Petroleum Association of America. It should have made headlines everywhere around the world, drawing the attention of anyone concerned about carbon emissions and climate change.