New Mexico

   New Mexico

Population: 2.1 Million

Energy Production

·         2,261.2 Trillion Btu total energy production

·         71,274 Thousand barrels of crude oil

·         1,237,303 Million cubic feet of natural gas

·         21,922 Thousand short tons of coal

·         36,251,542 Thousand MWh electricity produced

Energy Consumption

·         688 Trillion Btu total energy consumption

·         49.2 Million barrels of petroleum

o   22.5 Million barrels of gasoline

·         246,505 Million cubic feet of natural gas

·         14,580 Short tons of coal

State Government Profile

Governor: Susana Martinez (R): first term; elected in 2011; Governor is limited to 2 terms

Legislature:

Speaker of the House: W. Ken Martinez (D)

President of the Senate Pro Tempore: Mary Key Papen (D)

Bicameral body: Both Houses are under Democratic control

70 House Members:  40 Democrats, 30 Republicans

42 Senate members: 25 Democrats, 17 Republicans

Energy Issues

There have been recent attempts to implement what legislators cite at the most proactive and progressive legislation addressing the oil and gas industry and the environment in over 25 years. This is critical as the state ranks sixth in the nation for oil production in 2011. Although an overhaul of various laws has not been currently passed, issues affecting permitting, taxes and environmental cleanup will remain hot buttons for the state for the foreseeable future and will most likely be revisited. Provisions that include incentives to encourage closed loop systems, eliminating surface disturbances and pits are some of the main problems in the state, according oil and gas experts. Such issues have downwind affects on farming, ranching and cattle communities. Severance taxes on current production have also been eyed as there is a need to increase state revenue to pay for a host of everyday services to the general public. Conservative efforts have also recently clashed with the local Navajo reserve, as the tribe’s coal mining fields are a crucial source of income for the community.

 

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