News

Analysis: Why US carbon emissions have fallen 14% since 2005

pipelineZeke Hausfather | Carbon Brief | August 15, 2017 

Before 2005, US carbon emissions were marching upwards year after year, with little sign of slowing down. After this point, they fell quickly, declining 14% from their peak by the end of 2016.

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Breathing easier in NM’s oil patch

NMOGA_oil_rigALBUQUERQUE, N.M. — Billions of dollars in new investment is flowing again in southeast New Mexico’s oil patch. Production is up, service companies are putting people back to work and more revenue is flowing into state coffers.

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Natural gas plant planned for Eddy County

rigEddy County commissioners are considering issuing industrial revenue bonds to a company looking to build a natural gas processing plant near the Lea County border.

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Major natural gas discovery could have big impact on Northern New Mexico

San JuanFARMINGTON, N.M. (KRQE) – It’s being called the most significant natural gas discovery in the San Juan Basin in 14 years.

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BP finds prolific shale gas source in New Mexico

BP BP believes it has found a fertile new source of shale gas in New Mexico, on land it bought from a U.S. shale driller two years ago.

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Economy in NM growing after years of stagnation

By Dan Boyd / Journal Capitol Bureau Chief

economy growth

SANTA FE – After several stagnant years, New Mexico’s economy is finally showing signs of growth.

Driven by a surge of drilling in the oil patch, the state’s gross domestic product – a key economic indicator – grew by 2.8 percent in the first quarter of this year, the third-highest growth of any state. Only Texas and West Virginia posted more robust gains, according to the federal Bureau of Economic Analysis.

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