New Mexico Gov. Michelle Lujan Grisham professed her full-throttled support for the oil sector on Tuesday, telling industry leaders that her Cabinet secretaries works for them and that she hopes the state can overtake North Dakota as the No. 2 oil producer among states.
Lujan Grisham, a Democratic former congresswoman, repeatedly thanked men and women of the oil industry for business growth that is underwriting major state spending initiatives on public education, health care and infrastructure projects — and that might bankroll her proposal for tuition-free college for in-state students.Read more
In the last 12 months, a record volume of LNG projects reached final investment decision. These totaled more than 80 million tonnes/year of new production, or 25% of the current market, according to an outlook by McKinsey & Co.Read more
Business is booming in the Permian Basin, and the New Mexico Oil and Gas Association has created a way to share some of that success with communities outside the southeastern corner of the state.Read more