Albuquerque – According to a new report from the bipartisan New Mexico Legislative Finance Committee, New Mexico's oil and gas workers delivered $15.2 billion in revenue during the last fiscal year. Analysts also reported the oil and gas industry is expected to deliver gains for nearly a decade.  Oil and gas revenue make up 35 percent of the state's general fund and 37 percent of taxable property which goes to local governments.Â
"This massive revenue boost is amazing, but what is really startling is how it is accomplished despite the fact New Mexico has politicians in Washington and Santa Fe who want to destroy this industry," said Larry Behrens, Communications Director for Power The Future. "It's despicable to see people running for office crying that we need to transition from this industry while they will be first in line for these revenue checks."
New Mexico politicians who continue to support destroying the state's oil and gas industry include:
"I recognize the desire by some to question this point, but the facts leave no room for debate and the transition is well under way." - Senator Martin Heinrich
"We need to transition out of fossil fuels." - Governor Michelle Lujan Grisham
Power The Future is a 501c4 non-profit dedicated to fighting for American energy workers.