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3 New Articles
  • July 4, 2022 Go Latinas: Women owned businesses tell their story, inspire other women
  • July 4, 2022 Biden offshore drilling proposal would allow up to 11 sales
  • July 1, 2022 University of New Mexico program exposes students to small-town medical practices
Home Tag Archives: Lea County oil

Tag Archives: Lea County oil

Boom Time

By Hobbs News-Sun
October 26, 2021
in :  Local News, State/Regional News
159

Over the course of the last two weeks, oil prices have hit above $80 a barrel, a far cry from the negative territory where oil was selling nearly a year and a half ago. The seven year high is being driven by a resurgence in demand around the world as economies recover from COVID-19 restrictions and shutdowns and OPEC keeping …

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Record oil production lifts state income

By Hobbs News-Sun
August 29, 2019
in :  State/Regional News
2,365

SANTA FE (AP) — State economists on Wednesday revised forecasts upward for state government income amid surging oil and natural gas production in New Mexico, giving lawmakers greater leeway as they begin crafting a general fund spending plan for the coming fiscal year. The fiscal forecasts, announced at a legislative committee hearing in the mountain resort community of Red River, …

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