LFC:  Oil & Gas Will Supply HALF (50%) of New Mexico’s General Fund Revenues By 2024

LFC: Oil & Gas Will Supply HALF (50%) of New Mexico’s General Fund Revenues By 2024

Carlsbad Current Argus (July 10, 2023) –  Oil and gas revenue was making up an increasing portion of New Mexico’s budget, as production in the Permian Basin boomed, even as state officials sought to diversify its economy away from its reliance on fossil fuels....