Budget proposals show record money after oil boom
Nicole Maxwell, NM Political Report | January 16th, 2023
The Legislative Finance Committee released its budget recommendations last Thursday.
Read moreOil money windfall pushes New Mexico spending proposals to $9.4B. Lawmakers warned of bust
Adrian Hedden, Carlsbad Current Argus | January 13th, 2023
Bolstered by a surging oil and gas industry in the state, New Mexico lawmakers and the Gov. Michelle Lujan Grisham aligned in recommending $9.4 billion in spending for the next fiscal year for the legislature to consider in the upcoming session starting next week.
Read moreOil and Gas Are Back and Booming
Benoît Morenne and Jon Hilsenrath, The Wall Street Journal | January 10th, 2023
Chesapeake Energy Corp. was one of the biggest stars of the fracking boom, riding high for years on its ability to tap vast troves of American natural gas.
Despite emissions concerns, Texas GOP applauds EPA backing off Permian Basin regulation effort
Antoinette Odom, Spectrum News | January 7th, 2023
TEXAS — Texas officials are celebrating a win in what they called an “attack on Permian Basin.” The Environmental Protection Agency (EPA) has decided against its plans for a non-attainment designation of portions of the Permian Basin.
Biden administration defers plan to tackle smog from oil drillers in Permian Basin
Oil & Gas 360 | January 6th, 2023
The Biden administration is deferring a plan to crack down on smog in the drilling hotbed of the Permian Basin, handing a win to oil producers along with their allies in Texas and New Mexico.
EIA: U.S. natural gas reserves set record
BT Staff, Bulk Transporter | January 6th, 2023
Higher prices for crude oil and natural gas in 2021 contributed to higher proved reserve estimates, including a 16% increase in oil reserves