SANTA FE, N.M. (AP) — State government income is expected to outpace spending obligations by nearly $800 million for the coming fiscal year as New Mexico lawmakers contemplate bigger budgets for public schools, health care and anti-crime initiatives. Economists from three state agencies and the Legislature’s budget office delivered a twice-annual forecast of state revenues to a panel of lawmakers …

SANTA FE, N.M. (AP) — State government income is expected to outpace spending obligations by nearly $800 million for the coming fiscal year as New Mexico lawmakers contemplate bigger budgets for public schools, health care and anti-crime initiatives. Economists from three state agencies and the Legislature’s budget office delivered a twice-annual forecast of state revenues to a panel of lawmakers …

SANTA FE (AP) — New Mexico Gov. Michelle Lujan Grisham professed her full-throttled support for the oil sector on Tuesday, telling industry leaders that her Cabinet secretaries work for them and that she hopes the state can overtake North Dakota as the No. 2 oil producer among states. Lujan Grisham, a Democratic former congresswoman, repeatedly thanked men and women of …

NMOGA: NM oil production soars 46 percent FOR THE NEWS-SUN SANTA FE — New Mexico’s oil boom continues to reach new heights as recently published data shows oil production hitting a record high of 250 million barrels of oil in 2018. The United States Energy Information Administration reported that oil production in the state climbed an impressive 46 percent from …

Bipartisan vote spikes bill to raise oil and gas royalties By Andrew Oxford aoxford@sfnewmexican.com A handful of Democrats joined with Republicans at the Legislature on Friday to quash a bill that would have allowed the state to charge higher royalty rates on some oil and gas production. The first committee hearing for House Bill 398 turned into a showdown between …