Tag Archives: Permian basin

New Mexico’s Booming Oil Economy

1328 Permian Basin Boom

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 on southeast New Mexico. As workers flood into the area for high-paying jobs, traffic is testing the capacity of roads, schools are recruiting teachers from abroad to handle the uptick in students and demand for water by oil and gas drilling operations has prompted legal battles. On this week’s episode, NMIF correspondent Megan Kamerick talks with reporters Jens Gould with the Santa Fe New Mexican and Dan McKay of the Albuquerque Journal about the impacts of the oil boom on New Mexico.

Guests:
Jens Gould, Santa Fe New Mexican
Dan McKay, Albuquerque Journal

Additional Reading:
In it for the Long Haul in the PermianSanta Fe New Mexican

Boom Creates New Pressures in PermianSanta Fe New Mexican

In Permian Basin, No Home Away From HomeSanta Fe New Mexican

Making Best of Rough Living in Permian BasinSanta Fe New Mexican

Gov. Michelle Lujan Grisham Tells Oil Execs: We’ll Work With YouSanta Fe New Mexican

Oil Surge Reshapes Life in New MexicoSeries of Articles by Albuquerque Journal

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