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New Mexico’s Republicans and advocates for oil and gas producers often accuse the state’s ruling Democrats of trying to kill the local fossil fuel industry, but industry donations and agency funding outcomes tell a different story. Democrats hold a lock on all statewide offices and both chambers of the Legislature heading into the midterm elections, and […]
Republicans are seen as friends of oil and gas, but donations to powerful Democrats say they are, too.
Oil and gas revenues added more than $1.7 billion to New Mexico coffers in the first four months of the year — more than in any other four-month period in state history. A lot more. Records compiled by the New Mexico Tax and Revenue Department show that year-on-year, revenues from January through April more than doubled […]
The Albuquerque police chief is calling on the state's attorney general to review a teenage boy's death in a house fire, which broke out after authorities tried to arrest a man inside.
Economists caution the billion-dollar tax windfall is the boom portion of a boom-bust resource cycle.