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 …

SANTA FE, N.M. (AP) — New Mexico Land Commissioner Stephanie Garcia Richard says she is working on a bill with state lawmakers to allow higher royalty rates for oil and natural gas production on state trust land. Garcia Richards said Tuesday that she wants New Mexico to raise its royalty cap to 25 percent on future leases to match Texas. …

SANTA FE, N.M. (AP) — New Mexico Land Commissioner Stephanie Garcia Richard says she is working on a bill with state lawmakers to allow higher royalty rates for oil and natural gas production on state trust land. Garcia Richards said Tuesday that she wants New Mexico to raise its royalty cap to 25 percent on future leases to match Texas. …