News

Oil price comeback brightens state revenue projections

Rig Good news from New Mexico’s oil patch is boosting revenue growth for state government, economists said Thursday, providing a projected cash cushion of over 11 percent by the end of June for the state’s general operating fund.

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Methane Emissions From Oil And Gas Are Plummeting Without Obama Rule

Chris White | The Daily Caller | December 20, 2017

Methane emissions from natural gas wells have dropped during the past six years, even as activists and lawmakers argue that stringent regulations are required to tackle what they believe are sky-high emission levels.

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Legislators get rare cushion of money

NM CapitolBruce Krasnow / Santa Fe New Mexican / Dec. 4, 2017 

For the first time in two years, state lawmakers will be heading into a session with a small cushion of new money that can be used to increase reserves or restore some spending cuts to government programs, including public education.

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Governor proposes 4% rise in spending, ambitious agenda

Gov. MartinezDan Boyd / Albuquerque Journal / Jan. 4, 2018 

Gov. Susana Martinez, entering her final regular legislative session in office, will propose an increase in state spending on public schools, Medicaid and New Mexico’s judicial system in a budget plan to be released today.

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Legislature 2018: More money, brighter outlook

capitolDan Boyd | Albuquerque Journal | January 13, 2018

The New Mexico Roundhouse has been a grim citadel for much of the past two years, as lawmakers have grappled with persistent revenue shortfalls and dug battle lines over hot-button issues.

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Producers, not politicians, drive emission reductions

Ryan_Flynn_NMOGARyan Flynn | New Mexico Oil & Gas Association | January 12, 2018

As we begin a new year – an election year – already, some New Mexico politicians are distorting the facts and using misinformation against oil and gas producers to score political points. Rather than producing any real change, some of these political proposals look less like sound policy and more like slick salesmanship pushing ocean-front property in Tucumcari.

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