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New Energy Economy News
Read the latest updates on our legal actions, just transition initiatives, Sol for ALL! projects, recent media, and more....
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Oil and Gas Industry
New Mexico is the second highest producer of oil and natural gas in the country, and the Permian Basin's 2025 production is expected to account for 49% of the total U.S. production. With that extraction comes destruction of land, water and air quality, significant public health hazards and political corruption that is turning parts of New Mexico into a sacrifice zone and warming the planet at terrifying speed.


Tigers in the Backyard: NMOGA Makes Stunning Argument that State Land Commissioner Lacks Authority to Police Oil and Gas Activities on State Trust Lands
Thank you to everyone who showed up in support of State Land Office (SLO) proposed amendments to strengthen financial assurance requirements for oil and gas operators yesterday and this morning. As we noted in our opening statement: New Mexico is facing an orphan well crisis of staggering proportions, and it did not happen by accident. It is the predictable result of an oil and gas business model that allows major operators to extract enormous profits during the productive li
May 29


New Report Published: "CLOSING THE PLAYBOOK: HOW TO STOP OIL & GAS COMPANIES FROM EVADING THEIR OBLIGATIONS TO NEW MEXICANS BEFORE IT IS TOO LATE"
Ahead of tomorrow’s hearing on the State Land Office proposal to strengthen bonding requirements for oil and gas operators on state lands, New Energy Economy today released a major new report warning that New Mexico taxpayers will face billions of dollars in oil and gas cleanup liabilities unless state regulators act now to strengthen bonding and financial assurance requirements for oil and gas operators. This proposed rule is critical because abandoned oil and gas wells can
May 26


This is our chance to make the oil and gas industry clean up after themselves in New Mexico
Today we have the chance to take proactive action for good regulation! We can hold the oil and gas industry in New Mexico accountable for properly plugging and remediating thousands of oil and gas wells drilled on state land across New Mexico. In April the State Land Office proposed a new rule to strengthen bonding requirements for oil and gas development on state lands. Two public comment hearings will be held next week on May 27th and 28th at 9:00AM at the State Land Office
May 21


No, we do not need to negotiate with ecocidal profiteers
Yesterday we witnessed violence. It was dressed up in nice clothes and a veneer of democracy, but it was violence nonetheless. Water Quality Control Commissioner's gave lip service to the truth. They agreed that the oil and gas industry fracking waste discharge rule proposed before them was incomplete, that there are no standards to protect human health and the environment for the twenty pages of chemicals listed in the petition (not to mention about 1000 more that are simply
May 13
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