NMOGA’s Brighter Future Fund Announces First Awards to New Mexico Non-Profits

New Mexico Oil and Gas Association | December 3, 2019

Today, the New Mexico Oil and Gas Association’s Brighter Future Fund announced $50,000 in awards to 10 New Mexico non-profit and educational organizations. These awards are the first of a five-year, $1 million commitment to support efforts to expand STEM (Science, Technology, Engineering, and Math) Education, increase economic opportunity, and reduce hunger in communities across New Mexico.

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The Value of U.S. Energy Innovation and Policies Supporting the Shale Revolution

White House Council of Economic Advisors | October 2019

The classic effects of innovation are improvements in productivity, which lower costs and prices and increase production. Energy innovations—and the policies that support them—have similar effects and ultimately reduce prices for American households and businesses. This CEA report describes the causes and consequences of growth in oil and natural gas extraction from shale and similar geologic formations, with a focus on effects on consumers. We first discuss the dramatic rise in productivity and its effects on cost, production, and price. Second, we estimate the consumer savings brought by shale-driven declines in energy prices. Third, we assess total and shale-related changes in emissions in the United States. Lastly, we consider the effects of contrasting approaches to energy policy taken by U.S. States.

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NMDOT gets $12.5M from feds to improve U.S. 285 near Loving

Mike Smith, Carlsbad Current-Argus | Nov. 7, 2019

More than $12 million in federal funds could help the New Mexico Department of Transportation (NMDOT) with improvements and safety enhancements on a busy southeastern New Mexico highway.

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Construction jobs drive New Mexico employment growth

Teya Vitu, Santa Fe New Mexican | November 19, 2019

The unemployment rate in Santa Fe County in October was in the same league as in oil boom Lea and Eddy counties and the state’s richest county, Los Alamos.

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Data: New Mexico's GDP growth fueled by oil and gas

Adrian Hedden, Carlsbad Current-| November 13, 2019

Oil and gas production grew New Mexico’s economic output by the fourth-highest rate in the country this year, as the extraction industry boomed in the Permian Basin in the southeast corner of the state.

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10 Reasons You Should Be Thankful For Oil And Gas


There are countless reasons to be thankful for New Mexico’s oil and natural gas industry this holiday season, but we've done our best to narrow down the list to 10 of our favorites.

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