New Mexico Energy News

04.20.18

US petroleum demand for March highest since 2007

US petroleum demand reached 20.6 million b/d in March - the highest level since 2007...The US also produced a record 10.4 million b/d of crude oil.

 

04.18.18

US LNG export capacity to expand rapidly: Report

Natural gas supply to US LNG terminals could reach 14.7 Bcf/d (416mn m3) within a decade under the most conservative estimates, a new report concludes.

 

04.15.18

U.S. Energy Security Begins At Home

A glance around the world makes it very clear that we must continually support the critical triad of 1) new energy production, 2) new energy infrastructure, and 3) new energy exports.

 

04.12.18

New Mexico state and local tax revenues rise

New Mexico tax authorities are collecting more local and state government tax dollars amid an oil industry rebound and some signs of an economic expansion, Gov. Susana Martinez announced Wednesday.

 

04.12.18

Global petrochemicals growth shifts from Middle East to Gulf Coast

The Gulf Coast is becoming an energy hub rivaling the Middle East

 

04.11.18

Oil settles at a more than 3-year high on Middle East tensions

Oil futures on Wednesday marked their highest finish since late 2014, as rising tensions in the Middle East continued to feed concerns over potential supply disruptions in the region.

 

04.11.18

New Mexico state and local tax revenues rise

New Mexico tax authorities are collecting more local and state government tax dollars amid an oil industry rebound... the Democrat-led Legislature recently approved a $260 million increase in general fund spending for the coming fiscal year, with pay increases for teachers, State Police and prosecutors.

 

04.10.18

What Will It Take to Keep Up With Shale Gas Boom? $170 Billion

Bottlenecks on the U.S. natural gas super highway are starting to stack up, raising concerns about whether infrastructure can be built fast enough to meet surging supplies.

 

04.09.18

U.S. Agencies Agree to Slash Approval Times for Infrastructure Projects

Fourteen agencies... signed an agreement that puts into effect an executive order setting a two-year goal for completing the review process...

 

04.04.18

Fracking for 50 years - no groundwater contamination

NM Oil & Gas: We've been fracking for 50 years without one case of groundwater contamination. And we're determined to keep it that way.