For years, NAIOP’s Chuck Gara Community Leader Award, one of the highest honors at the commercial real estate group’s annual Awards of Excellence event, was given to an individual from New Mexico’s business community who exemplified the longtime real estate professional’s leadership and generosity.Read more
Confusing Steam for Methane and Other Things to Know About The New York Times Latest Emissions Story
The New York Times claims in its latest article on methane emissions in the Permian Basin to have found a smoking gun on leaks from oil and natural gas facilities.
In reality, it’s just a steaming exhaust vent.Read more
New Mexico is one of the great success stories of America’s energy revolution. A state hard hit by the Great Recession, historic levels of oil and natural gas production – made possible by advancements and improvements in hydraulic fracturing technology – have resulted in new job creation, economic growth, and increases in personal income that are leading the nation.Read more
After years of relying on other countries for petroleum, the United States just reached a new energy-producing milestone by notching its first month in at least 70 years exporting more crude oil and petroleum products than it imported per day.Read more
Multiple candidates for the Democratic presidential nomination proposed bans on hydraulic fracturing – a process used to extract fossil fuels from underground that was credited with the nation’s recent oil and gas boom – should they win the presidency.Read more
State government income for New Mexico is exceeding expectations set out by agency economists.
A revenue tracking report from the Legislature on Tuesday showed state general fund income of $8 billion for the fiscal year that ended June 30. That is $85 million higher than a recent forecast from state economists.Read more