News

ConocoPhillips Donates $100,000 to Support New Mexico Wildfire Relief Efforts

ConocoPhillips Donates $100,000 to Support New Mexico Wildfire Relief Efforts

ConocoPhillips | May 2022NMOGA_External-21.webpNEW MEXICO – ConocoPhillips recently announced $100,000 to be allocated to the All Together NM Fund and other relief agencies in support of New Mexico’s wildfire disaster relief efforts. The All Together NM Fund was established in 2020 by the New Mexico Coalition of Community Foundations in conjunction with the Governor’s office to help New Mexico respond to and eventually recover from the COVID-19 pandemic. The All Together NM Fund has now been reactivated to coordinate statewide relief for the ongoing wildfires.

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Oil tax revenues in New Mexico, other states spotlight a dependence on fossil-fuel taxes

Oil tax revenues in New Mexico, other states spotlight a dependence on fossil-fuel taxes

Morgan Lee, Chicago Sun Times | May 17th, 2022NMOGA_External-20.webpSANTA FE, N.M. — Thanks to oil tax revenues, government budgets are booming in New Mexico.

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New director wants to show Oil and Gas Association’s impact in New Mexico

New director wants to show Oil and Gas Association’s impact in New Mexico

Mike Cook, The Las Cruces Bulletin | May 16th, 2022NMOGA_External-23.webpThe new president and CEO of the New Mexico Oil and Gas Association (NMOGA) wants to “show people what we’re doing” for the state’s economy, the environment and the average American who fills his or her vehicle with gasoline to get work every day.

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Chevron announces $250,000 donation to new mexico wildfire relief efforts

Chevron announces $250,000 donation to new mexico wildfire relief efforts

Chevron | May 16th, 2022NMOGA_External-22.webpChevron Corporation (NYSE: CVX) today announced a contribution of $250,000 from the Chevron Global Community Fund to the All Together NM Fund and Taos Community Foundation to support relief efforts for wildfires in New Mexico.

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Inflation 'really pressuring' US oil and gas industry

Inflation 'really pressuring' US oil and gas industry

Talia Kaplan, Fox Business | May 11th, 2022Mike Sommers, the American Petroleum Institute president and CEO, argued on Wednesday that a long-term energy strategy is needed to reduce prices and stressed that the U.S. has resources that can be developed quickly "if we get the policies right."

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Don’t Look to Oil Companies to Lower High Retail Gasoline Prices

Don’t Look to Oil Companies to Lower High Retail Gasoline Prices

Garrett Golding and Lutz Kilian, Federal Reserve Bank of Dallas | May 10th, 2022The rise of U.S. retail gasoline prices in March 2022 has triggered a debate about whether U.S. oil companies are doing enough to rein in high gasoline prices and whether these companies should be held accountable for not increasing the production of crude oil.

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