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Energy Tomorrow Blog

But What About New Mexico’s Students?

new mexico  education  oil and natural gas taxes  revenues 

Mark Green

Mark Green
Posted October 16, 2019

Hydraulic fracturing – the technological breakthrough that launched the U.S. energy revolution – has taken a beating during the Democratic presidential derby.

The Washington Post ran a graphic recently, showing that the entire field would ban fracking altogether or restrict it in some capacity. Here’s the portion of the graphic showing the candidates who would ban fracking completely. The group includes some top-tier candidates, U.S. Sens. Elizabeth Warren, Bernie Sanders and Kamala Harris. Sen. Warren tweeted last month that she would ban fracking everywhere, while Sen. Sanders told the Post that safe fracking is a “pure fiction.”

Not fiction are the negative impacts throughout our society that could result from banning hydraulic fracturing: millions of job losses, trillions lost to the economy, significant increases in household spending on energy.

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Producing Energy, Reducing Emissions in New Mexico

new mexico  emission reductions  production  methane 

Mark Green

Mark Green
Posted October 8, 2019

Take a look at a recent interview with API President and CEO Mike Sommers conducted by Albuquerque TV station KOB-4 – a conversation about the dual challenge of providing the energy Americans need every day to work, grow and prosper, while protecting the environment and lowering emissions. There’s no better setting for this discussion than in energy-rich New Mexico.

Indeed, the prolific Permian Basin that covers New Mexico’s southeastern corner before spreading into neighboring Texas is a big reason why the United States continues to lead the world in natural gas and oil production.


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Using Energy Revenues, New Mexico Offers Free In-State College

new mexico  permian basin  government revenue  energy production 

Sam Winstel

Sam Winstel
Posted October 7, 2019

The U.S. energy revolution is at work for New Mexico and the state’s higher education system.

Gov. Michelle Lujan Grisham made national headlines last month by announcing free tuition at public universities for all residents, regardless of family income. That’s all 29 of the state’s two- and four-year institutions beginning next fall, benefiting an estimated 55,000 New Mexico students.

Thanks to the state’s natural gas and oil development.

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Lizards, Energy and Effective Habitat Protection

endangered species act  conservation  texas  new mexico  oil and natural gas 

Mark Green

Mark Green
Posted May 11, 2018

Protecting the environment is a core industry value. The environment belongs to everyone, and our companies and their employees are committed to producing natural gas and oil as safely as possible. This commitment includes preserving habitat and looking out for wildlife.

In this 2016 post and this post earlier this year, API colleague Kate Wallace detailed how companies have monitored elk populations in Wyoming and polar bears in Alaska, created artificial reefs off the Gulf Coast, developed pollinator gardens and bee sanctuaries and more. Companies also worked across five western states to create conservation areas for the lesser prairie chicken and preserve habitat for the sage-grouse. Our commitment is backed up by action.

That’s why we’re optimistic a constructive and comprehensive plan can be crafted to take care of the dunes sagebrush lizard in West Texas and southeastern New Mexico while also maintaining critically important natural gas and oil production in the region – which would be unlikely if a new effort to list the lizard as endangered under federal law succeeds.

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Energizing New Mexico

new mexico  oil and natural gas  fracking  vote4energy  states2016 

Mark Green

Mark Green
Posted September 9, 2016

Energy = opportunity – in New Mexico and across the U.S. Indeed, New Mexico is energy-rich, ranking sixth nationally in oil production and eighth in marketed natural gas output in 2015. Oil production has more than doubled since 2009, helped by development of the Permian Basin shale in southeastern New Mexico with hydraulic fracturing and horizontal drilling. 

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Energizing New Mexico

analysis  new mexico  income  hydraulic fracturing  oil and natural gas development  ozone regulations  wood mackenzie 

Reid Porter

Reid Porter
Posted July 2, 2015

Today we look at New Mexico, continuing our series of posts that highlight the economic and jobs impact of energy in each of the 50 states. We started with Virginia, then Ohio, and Colorado. The energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.

The topline numbers: 105,600 jobs supported statewide; according to PwC; $11 billion added to the state economy; $5.3 contributed to the state’s labor income. All are significant drivers for the state’s economy.

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States, U.S. Benefit from Good Energy Policy

american energy  exports  Economy  jobs  regulations  fracking  new mexico  north dakota  michigan 

Mary Leshper

Mary Schaper
Posted March 25, 2015

Rice University: Lifting the 40-year-old export ban on U.S. crude oil would have far-reaching effects on pricing, energy security and energy sector investment, according to new research from the Center for Energy Studies at Rice University’s Baker Institute for Public Policy in Houston. The study, “The US Crude Oil Export Ban: Implications for Price and Energy Security,” was presented today at a news conference at the National Press Club in Washington, D.C., by Kenneth Medlock, the center’s senior director and the paper’s author.

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Boosting America’s Energy Revolution with Technology, Innovation

Offshore Production  pennsylvania  fracking  lng exports  hawaii  american energy  new mexico 

Mary Leshper

Mary Schaper
Posted August 20, 2014

The Hill: The oil and gas industry and its allies are pushing the Obama administration to consider offshore drilling everywhere it can grant permits, including the east and west coasts of Alaska.

Offshore producers say safety precautions have improved dramatically since the 2010 Deepwater Horizon oil spill, and argue no areas should be ruled out as the Interior Department considers offshore drilling sites through 2022.

“Decisions on areas to include in the 2017-2022 [outer continental shelf] leasing program will have impacts well into the future,” a coalition of 11 industry groups wrote in comments filed to Interior. “Therefore, we believe that BOEM should fully consider all areas for inclusion in the program and keep as many areas as feasible in the draft proposed program.”

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Oil Industry Rocket Science

domestic energy  gasoline  government revenue  hydraulic fracturing  new mexico  new mexico  onshore  permian basin  texas 

Jane Van Ryan

Jane Van Ryan
Posted March 8, 2011

A major milestone was reached in the Permian Basin a few days ago. Chevron Corp. produced its 5 billionth barrel of oil from this U.S. formation. Overall, nearly 40 billion barrels of oil equivalent (oil, natural gas and natural gas liquids) have been produced by several companies in the basin since the 1920s, and it's still going strong. 

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