Biden’s executive order on oil and gas drilling threatens ‘lifeblood’ of New Mexico economy

Fox Business ^ | February 2, 2021 | Talia Kaplan, Grady Trimble, FOXBusiness

[CedarDave]

An oil and gas employee in New Mexico warned that President Biden’s order to halt new drilling on federal lands and a potential ban on all drilling on federal lands is “going to make oil and gas operators look at investing at other places.”

“What this does is it exports New Mexican jobs and it causes us to import foreign oil,” Lee Livingston with Mack Energy Corporation, told FOX Business’ Grady Trimble during an interview on “Varney & Co.” on Tuesday.

According to The American Petroleum Institute (API), a recent analysis revealed New Mexico would be among the hardest-hit states from a ban on federal leasing and public lands.

“New Mexico, which accounts for 57% of federal onshore oil production and 31% of onshore natural gas production, is projected to be among the states hardest hit, losing over 62,000 jobs by 2022,” an API news release said.

“With nearly 40% of the state’s budget funded by natural gas and oil production, a ban could put at risk more than $1 billion of federal revenue sharing which helps support New Mexico’s education and conservation programs.”

On Tuesday, Livingston echoed that concern noting that “oil and gas is a lifeblood of the New Mexico economy” and is “vitally important.”

Livingston noted that “we get around $1 billion a year from federal leases here in the state of New Mexico,” which he said “helps our teachers, our first responders and our highways and school systems.”

[CedarDave]

Story includes the video of Livingston's interview and one of Mack Energy's oil wells on Federal lands.

Link to API news release:

New Analysis Shows New Mexico Among Hardest Hit States by Proposal to Ban Federal Land Leases

[vespa300]

Let every state that went to Biden burn to the ground. F em all. They get what they deserve.

[Honorary Serb]

Sue!!!!

[V_TWIN]

“threatens ‘lifeblood’ of New Mexico economy”

Kinda the idea isn’t it?

[econjack]

The Keystone Pipeline is needed and the clown in DC is killing our energy sources right and left. Stupid...

[CedarDave]

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[MattMusson]

Most drilling spots in New Mexico are on Government land.
Most drilling spots in Texas are on Private Property.

[Joe Bfstplk]

I don’t like giving up energy independence. Production
is better than a strategic reserve storage scheme.

[rktman]

Yup. Gas prices are already on a big climb. In less than 2 weeks this guy and his cabal of clowns have certainly done a lot of damage. And it ain’t gonna stop anytime soon either.

[eyeamok]

Why are they bitching?? They Signed on to this and Voted for it. SUCK IT UP!!

New Mexico Passes Its Own Green New Deal
The state committed to carbon-free power, joining other parts of the country that have set a 100 percent renewable energy target by 2045.

https://www.cpexecutive.com/post/new-mexico-passes-its-own-green-new-deal/

[Monkey Face]

America (the Dems part of it) are looking to impeach the wrong person. Not in office a month and look at the carnage.

[abbastanza]

They’re getting what they deserve. Live with your bad decision.

[wildcard_redneck]

"Most drilling spots in New Mexico are on Government land.
Most drilling spots in Texas are on Private Property."
______________________

You have that right. States that were admitted to the U.S. after the Civil War got screwed on public lands because the national politicians of the time wanted more federal control.

[CedarDave]

The RadDem idiots in Albuquerque and the trust-fund babies in Santa Fe were the primary Biden supporters. Most of the rest of the state and those who work in productive jobs voted for Trump. And there are allegations that the Dominion software and machines used in ABQ switched votes, but it’s doubtful that made the difference. The Dem propaganda and the media bashing Trump 24/7 did most of the damage.

[Dutch Boy]

Vote blue, get screwed.

[Forward the Light Brigade]

When Texas leaves the Union, You can join them and form a new nation. If you join, other states would follow. Texas seized the Nukes housed in their state and threatens any invader with an atomic surprise. Other states follow and a new Confederacy built on Rule of Law and a new Constitution. Communism banned, Liberalism rejected. First President—Donald J. Trump, VP Ted Cruz. If we have to have a fantasy, have a good one. One move and Washington DC, New York and San Francisco glow.

[joma89]

New Mexico is a blue state. I trust they feel the “Bern” for many decades to come with their vote for government enforced dictates.

[packagingguy]

New Mexico went heavily for Biden even though they should have known this meant killing their own jobs. From the last debate: “Did you hear that Pennsylvania?”—DJT

[nascarnation]

Deport all the illegals.
Most old folks without a lot of dough leave because of no Medicare.
You have a solid population remaining.

[vespa300]

Oh man, great fantasy, yes. I believe in fantasies like that!