The past week has seen an array of stories touting the wealth and abundance being created by the U.S. oil and gas industry. At the same time, the industry is experiencing market factors that promise to limit how much more growth it will be able to create going forward.Read more
Oil production in the seven most prolific shale plays in the United States is set to increase by 22,000 bpd in February to 9.2 million bpd, the Energy Information Administration said in the latest edition of its monthly Drilling Productivity Report.Read more
New Mexico’s oil patch is showing unprecedented resilience, despite declining prices for crude, a chronic market glut, and sluggish output in other U.S. states and basins.Read more
Early childhood education in New Mexico could get a big boost during the 2020 legislative session.Read more
Reject the proposed state fracking ban bill
While we are fairly confident that the proposed state fracking ban bill, introduced for the second straight year by Sen. Antoinette Sedillo Lopez, won’t see the light of day during this year’s short legislative session, we are concerned about the potential collateral damage caused by such a grossly misinformed proposal.
Many effects of Eddy County’s oil boom where immediately clear in recent years.
Traffic snarled on once sleepy farm roads, hotel rates and home prices skyrocketed.Read more