New Mexico’s Oil Boom Is Under Threat
8/27/2019, 6:12:23 PM · by bananaman22 · 21 replies
Oilprice.com ^ | 27-08-2019 | Irina
New Mexico is home to part of the Permian play, the star of the shale industry and the place where oil production is growing at the fastest pace in the country. It is also the state whose new governor has one of the most ambitious emissions plans in the U.S. Governor Michelle Lujan Grisham took office with two climate-friendly pledges: to make New Mexico’s electricity emission-free by 2045, and to curb methane emissions from the oil and gas industry more substantially than they are being limited now. However, the oil industry is one of the biggest revenue contributors to the...
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