New Mexico's oil and natural gas industry plays a vital role in the state's economy and energy security.

 

1. Energy security

New Mexico's oil and natural gas industry helps to ensure the state has a reliable supply of energy, reducing dependence on volatile foreign nations.

 

2. Economic benefits

The industry provides jobs and funding for our communities.

 

3. Versatility

Oil and natural gas is used for a variety of purposes, including transportation, heating, cooking meals, electricity, and everyday products.

 

4. Environmental Benefits

Advances in technology and our industry's ability to exceed regulatory standards have led to cleaner and safer production methods, reducing the environmental impact of the industry.

 

5. National Security

Advances in technology and our industry's ability to exceed regulatory standards have led to cleaner and safer production methods, reducing the environmental impact of the industry.

 

6. Infrastructure

The industry also generates significant revenue for the state, which can be used to improve infrastructure and public safety services.

 

7. State Revenue

Oil and natural gas revenue is a significant source of funding for our state which is used to fund education, healthcare, and other public services.

 

8. Jobs

The oil and natural gas industry supports over 134,000 jobs.