Skip to Content
AP New Mexico

New Mexico study highlights growing dependence on oil sector

MGN
By
Published 7:20 PM

By CEDAR ATTANASIO and MORGAN LEE
Associated Press / Report for America

SANTA FE, N.M. (AP) — A study commissioned by a coalition of oil and natural gas businesses in New Mexico shows that state and local governments are more reliant than ever before on the industry to pay for basic public services including public education. The New Mexico Oil and Gas Association announced study results Wednesday that link $5.3 billion in annual state and local government income to the petroleum industry, while association President Leland Gould said the oil industry contributions are great news for teachers, students, healthcare workers and others. About 200 educators urged elected leaders to help diversify the economy and reduce reliance on the oil in a letter writing campaign.

Article Topic Follows: AP New Mexico

Jump to comments ↓

Associated Press

Related Articles

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content