Blog
Breaking our bondage to outdated bonding rates, GIF-splained
While the oil and gas industry has brought a lot of money into New Mexico, it can also end up costing us money - lots of money. When wells no longer produce, they are abandoned. Responsible companies cap these old wells and clean up the surrounding area. But not all old wells are capped and cleaned - especially when the company has gone bankrupt. This gif-splainer lays out the problem and the solution.
Lawmakers must stabilize revenue streams and send more help to New Mexicans most impacted by pandemic, recession
By James Jimenez, New Mexico In Depth Jan. 19, 2021 We can build the kind of New Mexico we all want – one where jobs pay a family-sustaining wage and children receive a world-class education – but only when everyone [...]
Report presented to legislative committee speaks to the need to diversify our tax system
Tuesday’s meeting of the Revenue Stabilization & Tax Policy Committee included a sobering reminder of the urgent need to find more stable revenue, but it also provided cause for hope – by reforming an unstable, inequitable tax structure, New Mexico can better serve the state’s children and future.
New Mexico can be all it can be with diversified tax system
Deming Headlight--Tuesday’s meeting of the Revenue Stabilization & Tax Policy Committee included a sobering reminder of the urgent need to find more stable revenue, but it also provided cause for hope – by reforming an unstable, inequitable tax structure, New Mexico can better serve the state’s children and future.
How the Affordable Care Act has helped make New Mexico families healthier (part 2)
Since it was implemented in 2010, the ACA has faced strong opposition from Republicans. Although attempts to repeal the ACA have been unsuccessful, the Trump Administration has been highly effective at weakening the ACA by undermining its provisions. This includes making it more difficult to enroll in coverage by adding more administrative hurdles for eligibility and cutting the budget for outreach and enrollment.
It’s time NM diversified away from oil, gas
Albuquerque Journal--Pre-pandemic New Mexico saw a boom in oil and gas extraction, which was mirrored by an increase in state revenue. And while many state leaders opined that this boom was going to last indefinitely, the reality for the industry was far more grim. “In short,” the report states, “while New Mexico posted record oil and gas revenues, the oil and gas industry itself was reporting steep losses.”
How the Affordable Care Act has helped make New Mexico families healthier (part 1)
The Affordable Care Act not only allowed millions of Americans to receive health insurance, it also improved public health and helped close the health disparity gap for people of color. Part 1 in this 2-part blog series looks at how the ACA benefitted New Mexicans.
Upcoming federal lease sales put the trick in “trick or treat”
The fact is the entire federal leasing system is dramatically outdated and in need of wholesale reform. Look no further than BLM’s New Mexico sale in August to see why someone with no experience in oil and gas development – was able to snatch up a third of the leases offered for next to nothing.Â
New report on decline of oil and gas industry should get lawmakers’ attention
Grant County Beat--The oil and gas industry is in decline – and has been for at least a decade – according to a new economic report from the Institute for Energy Economics and Financial Analysis (IEEFA). This isn't the fault of the coronavirus, but the pandemic has helped underscore some of the industry's problems.
Time for NMOGA to walk the talk on climate and health
The article’s revelations are at once shocking and not surprising, with lobbyists who have spent years fighting against regulations to reduce methane waste and pollution admitting the problem is real. And if you suspected the industry is more concerned about its image than protecting your health, you’re right. Its answer to out-of-control methane emissions? More image polishing and public relations advertising.