New Mexico studies oil drilling restrictions that would hit output, revenue
October 25, 2024
(Investing) – NEW YORK – New Mexico, the second-largest oil-producing state in the U.S., is studying new restrictions on drilling that would hit up to 5.4% of its future crude output and result in billions of dollars in lost revenue, the state’s chief economist said this week in a report. The study examined proposed setbacks – or restrictions on how close
