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Oil and gas money is all over the New Mexico Roundhouse. It accounts for 35% of the state budget proposal this year, according to the Legislative Finance Committee. It’s also in the campaign coffers of politicians on both sides of the aisle. It’s within this landscape that debates around expanding or restricting fossil fuel production take place.
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The 2023 legislative session is in full swing; with representatives and senators settling in and discussing bills. KUNM spoke with Gwyneth Doland, a political correspondent for New Mexico PBS, who was in Santa Fe this week talking to lawmakers about their priorities for this 60-day session and how it feels to be back in person.
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Two measures in the House of Representatives new rules package are regionally significant. One measure makes it easier to transfer federal public lands and the other supports oil and gas development.
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Since 2020 the state has allowed oil and gas producers to temporarily stop running pumps because the pandemic economy was particularly bad for business. But despite the rebound in oil prices, there are still more than 1,000 wells sitting idle.
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New Mexico reaped more than $1.7 billion dollars in oil and gas revenue in the first third of 2022 – that’s more than double the income from the same period last year according to oil and gas reporter Jerry Redfern from Capital and Main. He told KUNM that all the extra money comes with complications when it comes to budgeting for the future.
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The money targets at least 277 high-priority polluting wells on federal public lands in nine states, including Utah.
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Governor Michelle Lujan Grisham has been selling a plan for the last several months to make New Mexico into a hydrogen energy hub. Her idea is that we can transform our economy, based primarily on natural resource extraction, into one that is more renewable – but there is some controversy. On this #YNMG we’ll get into some details of how to make energy from hydrogen and why it may not be environmentally friendly. We’ll also talk about some of the hydrogen bills that have been in front of the legislature this year, whether the legislation is in fact dead for now, and where it might go from here. Then, we’ll touch on some of the other energy and environmental bills that have been introduced this session.
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Earthquake activity has increased dramatically in southern New Mexico likely due to injection wells in the Permian Basin. These are used to store…
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New Mexico is one of the fastest-warming states in the country, according to a 2016 report issued by the Union Of Concerned Scientists. In this year’s…
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Deb Haaland's road to lead the Department of the Interior has been rocky, with some members of Congress using her confirmation process to air grievances…