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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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