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Oil production boosts government income in New Mexico, as legislators build savings 'bridge'
Read full article: Oil production boosts government income in New Mexico, as legislators build savings 'bridge'Record-breaking oil production in New Mexico is likely to provide state government with a new multibillion-dollar surplus during the upcoming budget year.
Oil worker health care fund is sought by New Mexico congressman in swing district
Read full article: Oil worker health care fund is sought by New Mexico congressman in swing districtA first term U.S. congressman from New Mexico has introduced a bill that would create a health care fund for oil field workers nationwide.
Correction: Air Pollution Sanctions-New Mexico story
Read full article: Correction: Air Pollution Sanctions-New Mexico storyIn a story published June 29, 2023, about pollution fines against an oil company, The Associated Press misspelled the last name of the compliance and enforcement section chief at the air quality bureau of the New Mexico Environment Department.
Biden's pause on oil cause for big concern in New Mexico
Read full article: Biden's pause on oil cause for big concern in New MexicoHalf of New Mexico's production happens on federal land and amounts to hundreds of millions of dollars in royalties each year. “It really has the opposite intent,” said Robert McEntyre, spokesman for the New Mexico Oil and Gas Association. She said she supports Republican-backed legislation to prevent the administration from imposing a moratorium on new drilling permits on federal lands. The issue has been a thorny one for Democrats in New Mexico, where the oil and gas industry has been vilified over pollution concerns despite its role as the state's top economic driver. “Any step toward fixing the broken federal oil and gas leasing program is a step in the right direction," said Mark Allison, director of the group New Mexico Wild.
Biden halts oil and gas leases, permits on US land and water
Read full article: Biden halts oil and gas leases, permits on US land and waterIn the closing months of the Trump administration, energy companies stockpiled enough drilling permits for western public lands to keep pumping oil for years. Its effect could be further blunted by companies that stockpiled enough drilling permits in Trump's final months to allow them to keep pumping oil and gas for years. But Biden’s move could be the first step in an eventual goal to ban all leases and permits to drill on federal land. Oil and gas extracted from public lands and waters account for about a quarter of annual U.S. production. But there are other ways an ambitious Biden administration could make it harder for permit holders to extract oil and gas.