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Oil Bust and Budgets as COVID-19 Spreads | The Line

Aerial view of the Santa Fe Roundhouse.

March 13, 2020 – Gene Grant and The Line opinion panel examine the economic impact of the oil collapse due to the worldwide spread of COVID-19, the disease caused by a new coronavirus. They also debate the efficacy of budgetary cuts Gov. Lujan Grisham made to adjust to the anticipated change in revenue.  Line Panelists:Merritt…

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New Mexico’s Booming Oil Economy

An oil pumpjack at work outdoors as the sun rises in the background.

January 10, 2020 – New Mexico government coffers are flush with money thanks to the continuing oil boom in the Permian Basin in southeast New Mexico. That has expanded possibilities for more spending on education and other priorities by Gov. Michelle Lujan Grisham in the upcoming legislative session. The robust growth is having numerous impacts…

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