Taking a Look at Our Extraction Industries!

NM should fully embrace its energy renaissance

New Mexico's energy workers have almost single-handedly reshaped global oil markets. Oil field workers have pumped so much petroleum and natural gas from the Permian Basin, which runs through southeast New Mexico and southwest Texas, that America recently became a net...

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Legislature faces both peril, opportunity in 2019

With New Mexico’s politics trending hard left, what is a fiscally conservative think tank that focuses on New Mexico’s still-shaky economic situation to do? Quite simply, there will be more to do than ever. For starters, New Mexico’s $1.1 billion oil-generated surplus...

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Trump’s steel tariffs threaten American energy dominance

U.S. crude oil production just surged to an all-time high of 11.3 million barrels per day. Natural gas production is also setting records. This energy bonanza is creating tens of thousands of new jobs and dramatically reducing Americans' gasoline and utility bills...

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NM needs to use oil and gas bonanza wisely

The following appeared at NMPolitics.net on May 29, 2018. COMMENTARY: New Mexico policymakers and citizens received some good economic news recently. Thanks to the much-maligned process known as fracking, oil production in the Permian Basin in Southeast New Mexico is...

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‘New Money’ won’t solve state’s problems

Lawmakers, bureaucrats, and lobbyists are salivating over the nearly $200 million in "new money" Santa Fe is slated to receive during New Mexico's next fiscal year. But while the worst of our state's fiscal crisis appears to be behind us, caution is called for -- not...

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Restricting oil imports a dangerous proposal for U.S.

The price of oil impacts New Mexico's economy in a big way. Oil prices that once hovered at $110 per barrel dropped as low as $27 earlier this year, and now hover around $50. That's lower than we've grown accustomed to, but it is hardly a crisis – and certainly...

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