CURTIS C. WYNNE/NEWS-SUN Keeping the No. 1 spot among the nation’s counties, Lea County hit the record books again, logging almost 32 million barrels of crude oil in October.  That’s a little more than a million barrels a day. With a lion’s share of county revenue coming from the oil and gas industry, County Finance Director Chip Low tracks the …

By AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden said Tuesday there will be “consequences” for Saudi Arabia as the Riyadh-led OPEC+ alliance moves to cut oil production and Democratic lawmakers call for a freeze on cooperation with the Saudis. Biden suggested he would soon take action, as aides announced that the administration is reevaluating its relationship with …

Curtis Wynne/News-Sun After almost three years, Lea County still leads all other counties in the nation with active oil rigs, surpassed only by two whole states — New Mexico and Texas. Adding six rigs in the week before Sept. 23, according to data published by oil field services company Baker Hughes, Lea County had a total of 71 active rigs, …

Curtis Wynne/News-Sun EUNICE — Within 30 days, the City of Eunice will join other communities around New Mexico getting used to having legal marijuana sales inside the city. With little discussion, the Eunice City Council this week formalized an ordinance to regulate, insofar as the community is allowed by state law, the “possession, cultivation, manufacture and sale of cannabis.” The …

Curtis Wynne/News-Sun EUNICE — Within 30 days, the City of Eunice will join other communities around New Mexico getting used to having legal marijuana sales inside the city. With little discussion, the Eunice City Council this week formalized an ordinance to regulate, insofar as the community is allowed by state law, the “possession, cultivation, manufacture and sale of cannabis.” The …

By DAVID KLEPPER Associated Press TikTok may be the platform of choice for catchy videos, but anyone using it to learn about COVID-19, climate change or Russia’s invasion of Ukraine is likely to encounter misleading information, according to a research report published Wednesday. Researchers at NewsGuard searched for content about prominent news topics on TikTok and say they found that …

For the News-Sun MIDLAND, Texas — Permian Strategic Partnership brought the total company membership to 19 with the addition of Kinetik and Water-Bridge Resources this week. “We are thrilled to welcome Kinetik, WaterBridge and their respective board members Matt Wall and Jason Long to our team,” said Tracee Bentley, president and CEO of the PSP. “These companies bring tremendous talent and …

By CORA LEWIS Associated Press NEW YORK (AP) — Since the start of the pandemic, the option to “buy now, pay later” has skyrocketed in popularity, especially among young and low-income consumers who may not have ready access to traditional credit. If you shop online for clothes or furniture, sneakers or concert tickets, you’ve seen the option at checkout to …

Curtis Wynn/News-Sun LOVINGTON — While the value of taxable property in Lea County more than doubled last year, the tax rates have stayed much the same and the oilfield will pick up the tab — most of it. At the request of County Tax Assessor Sharla Kennedy, and in compliance with state law, the Lea County Commission on Thursday certified …

By JANET McCONNAUGHEY Associated Press NEW ORLEANS (AP) — The Biden administration accepted nearly $190 million Wednesday in bids from an offshore oil and gas lease sale that was held nearly a year ago but rejected by a federal judge. The Bureau of Ocean Energy Management’s action was required by the climate bill that was signed Aug. 16 — a …