News

As we prepare to celebrate Independence Day, here are 5 things that you might not know come from oil and natural gas:

Scott Wyland, Santa Fe New Mexican | June 23rd, 2021New Mexico’s fossil fuel industry is rebounding from a slump brought on by the coronavirus pandemic, a market downturn and uncertainty surrounding the Biden administration’s pause on new oil and gas leases on public lands, industry experts told a legislative committee Wednesday.

Associated Press | June 24rd, 2021ALBUQUERQUE, N.M. (AP) — Legislative analysts say New Mexico is the only top oil-producing state to have recovered to pre-pandemic levels of production, but they warned Wednesday that the market remains volatile.

Dan Boyd, Albuquerque Journal | June 23rd, 2021SANTA FE – New Mexico oil production has bounced back in a big way from a March 2020 price crash that caused a rapid decline in drilling, with state oil and natural gas production hitting record high levels in recent months.

Carolyn Davis, Natural Gas Intel | June 22rd, 2021Oklahoma City-based Devon Energy Corp. on Monday joined many of its Lower 48 oil and gas peers in establishing environmental performance targets to reduce the carbon intensity of its operations and cut overall emissions from its supply chain.

Editorial Board, The Wall Street Journal Opinion | June 22nd, 2021Why did the lesser prairie chicken cross the road? Apparently to shut down oil and gas development. Witness how the Biden Administration is reviving an Obama Administration effort to list the member of the grouse family under the Endangered Species Act to restrict energy development.