The Center Square (January 8, 2021) – Tougher restrictions on oil and gas development on federal lands in New Mexico potentially stand in the way of the state’s economic recovery from the COVID-19 pandemic, an industry group warns.  Jim Winchester, Executive Director of Independent Petroleum Association in New Mexico, said that while he expects overall production levels in 2021 to decline a small degree, he’s concerned about smaller, independent producers that may be disproportionately hurt by new regulations put in place by the incoming Biden administration.

IPANM Executive Director Warns Of New Oil & Gas Regulations Hurting NM’s Recovery