NM tourism loses $4.3 billion to pandemic
The COVID-19 pandemic has hit New Mexico’s tourism industry hard, with the state projecting a total cost of $4.3 billion in 2020 — and that does…
Category: Business
The Presidential Election and Oil Price Analysis from GasBuddy
Gas prices have been out of sight and out of mind for many with 2020’s yearly average likely to be at its lowest in over…
A Biden Presidency Could End the U.S. Oil Boom
To talk about a Biden-Harris administration let’s first talk about the Obama-Eric Holder/Loretta Lynch administration. Back in 2015 and 2016, when Holder and Lynch were…
ConocoPhillips in Talks to Buy Concho Resources in Big Shale Bet
There is uncertainty in our community today over the news that Concho Resources Inc. is currently negotiating to be acquired by ConocoPhillips. ConocoPhillips is a…
Is your business COVID-Safe Certified?
NM Safe Certified trains New Mexico businesses in COVID-Safe Practices to help ensure all of us —customers, employees, and families—remain safe as New Mexico reopens…
U.S. Oil Rig Count Rises
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 6 to 189—a gain that may push prices…
Permian Basin data report on jobs, production, & economic impact in 2020
Despite the recent economic downturn, the Permian Basin is averaging 4.6 million barrels of oil and 16.4 million cubic feet of natural gas in 2020.…
Biden’s potential ban on fracking in NM
Media coverage of our area’s oil and gas industry isn’t always as fair as we desire, but a recent Bloomberg article did a good job…
Devon Energy, WPX Energy announce merger
Two large players in our area, Devon Energy and WPX Energy, have announced a merger. The new company, which will retain the name Devon Energy,…
2020 Carlsbad Mayor’s Energy Summit
The 2020 Carlsbad Mayor’s Energy Summit will be virtual! The event always brings together members of the community and the energy industry to learn about…
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