Tag Archives: boom and bust

Oil and Gas Economy Dilemma | The Line

1318 Line MLG Relationship To Oil

November 1, 2019 – Gene Grant and The Line opinion panelists examine Gov. Michelle Lujan Grisham’s challenge to find balance between moving away from the fossil fuel industry while also relying on those revenues to fund her top priorities, including a free college tuition proposal.

Line Panelists:
Michael Bird, Public Health Consultant
Tom Garrity, The Garrity Group PR
Julie Ann Grimm, editor, Santa Fe Reporter
Laura Sanchez-Rivét, attorney, Affirm, Inc.

For Further Reading:

NM Governor Opposes Trump Proposal on Methane RulesKOB 4

Oil-Backed Blue Wave: New Mexico Funds Progressive Policy Through Fracking  – NBC News

New Mexico’s Oil Boom: Bounty for One of the Country’s Poorest StatesThe New York Times

NM Officials Push for Continued Oil/Gas Regs, Even as Emissions DeclineInsideSources

NM Assails Federal Plan on MethaneAlbuquerque Journal

The Line: New Mexico’s Economy Still Suffers Post Recession Woes

February 9, 2018 – New Mexico’s economy was doing pretty well in 2006. Then the Great Recession hit in December of 2007 and the state’s economy has yet to recover. New Mexico is in a pattern of boom and bust cycles, largely because of its reliance on the oil and gas industry. Economists say something different must be done to break that cycle. Gene Grant and the Line opinion panelists debate possible solutions.

Santa Fe New Mexican Article by Thom Cole – New Mexico’s lost decade: State mired in economic problems since Great Recession

Line Panelists:
Michael Bird, public health consultant
Tom Garrity, The Garrity Group PR
Viki Harrison, Common Cause New Mexico
Rachel Sams, editor of Albuquerque Business First