Carlsbad Current Argus (Infrastructure) – Two bills intended to draw funds for statewide road projects were given a due pass Thursday in the House Transportation and Public Works Committee and proceeded to other committees for further review ahead of a final vote on the House floor.  Carlsbad’s State Rep. Cathrynn Brown (R-55) introduced House Bill 188 and House Bill 189 at the start of the ongoing 60-day legislative session.

IPANM strongly supports both bills, as they represent a commitment to keep infrastructure dollars going to their intended targets, in this case roads. IPANM also strongly supports any legislation that will help address deteriorating roads in Southeast New Mexico. As the Southeast is the generator of millions of dollars of tax revenue and largely responsible for the massive $1.2 billion budget surplus, it is necessary that this money go back to this area to support the area’s need for improved public safety on their roads.

Carlsbad Current Argus – Good roads are good business

FORBES –  Naysayers said the development of tight shale formations to extract oil and gas was too costly and would never amount to any significance. Many years have passed, and the reality is that shale production has surpassed all expectations.  Shale oil and gas development has completely upended the conventional thought that domestic crude oil and gas production peaked in 1970 and 2005, respectively.

U.S. Shale Oil And Natural Gas, Underestimated Its Whole Life