- Joe Barone, Shale Directories
- Blog
- February 1, 2024
Why Biden’s Oil Drilling Permits Surge Is Not What It Seems
Recent claims suggesting that the Biden administration has granted 50 percent more oil and gas drilling permits on federal land compared to the Trump administration have been circulating in the media – and while that data is accurate, it’s a lot more complex.- Joe Barone, Shale Directories
- Blog
- December 19, 2023
New Mexico Experiences Record Revenues Thanks to Oil and Gas Revenues, But Policies Threaten Growth
Once again, New Mexico has reported record revenues stemming from oil and gas production, with the state predicting it will raise nearly $3 billion in FY24 from the industry alone, up 4.6 percent from FY23 estimates: “The state’s historic revenues have been growing at a record pace propped up by booming oil and gas…” However, analysts with the New Mexico Legislative Committee warn that issues with federal leasing and pipeline approvals threaten the industry’s ability to continue providing a much-needed lucrative and stable source of revenue to the state.- Joe Barone, Shale Directories
- Blog
- December 1, 2023