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NM 2nd only to Texa...
 
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NM 2nd only to Texas in oil production...

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Pack Leader

"Much of the state's recent revenue windfall is due to record-high oil production — and high oil prices — that has made New Mexico the nation's second-highest oil producer, behind only Texas" (from the Journal)...

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Topic starter Posted : November 23, 2021 7:00 am
Primordial
(@primordial)
Lobo Lobo level

And yet people continue to complain that MLG and Democrats are stifling the oil industry in this state...  The industry works independently of either party and looks out for itself, filling the pockets of Ds and Rs alike as needed.

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Posted : November 23, 2021 10:13 am
UNM Class of1972
(@unm-class-of-1972)
Pack Leader

Good for our tax base and bad for our climate and environment. Not good for the long-term future.

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Posted : November 23, 2021 12:07 pm
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Pack Leader

I'm sure the liberal leadership in New Mexico is conflicted...oil and gas $$$$ have supported this state for decades...

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Topic starter Posted : November 23, 2021 6:54 pm
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Pack Leader

...some lawmakers have called for New Mexico to ween itself off the historically volatile oil and gas industries, revenue from the extractive industries currently makes up about 45% of the state’s total revenue base.

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Topic starter Posted : November 23, 2021 7:01 pm
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Pack Leader

NM oil and gas revenue hits record $5,300,000,000...nice!...throw some of that to the Lobo and Aggie athletic departments...

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Topic starter Posted : December 2, 2021 5:57 am
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