Independent Petrolium Association of New Mexico
Recent News About Independent Petrolium Association of New Mexico
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Executives from oil and gas companies have shared their projections for the future price of West Texas Intermediate (WTI) crude oil in the Dallas Fed Energy Survey.
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The recent debate over the HB 548 Oil & Gas Equalization Tax Act has resulted in a $150 million industry-specific tax intended to support the $75 million HB14 on the House side and an unspecified initiative in the Senate.
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Progressive Democrats in New Mexico faced a setback when their efforts to advance a paid family and medical leave plan were thwarted by the Senate Finance Committee.
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The economic landscape in rural America, particularly in regions reliant on the energy sector, faces potential upheaval due to new regulations.
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The Clear Horizons Act, a significant legislative proposal backed by Governor Michelle Lujan Grisham, was tabled by the Senate Finance Committee on Monday.
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Legislation to increase the maximum royalty rates for prime oil and gas land in New Mexico is advancing to the House following approval by the Senate with a 21-15 vote.
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A coalition of New Mexico trade associations has expressed strong opposition to the proposed SB4 Clean Horizons Act in a letter addressed to Senator Mimi Stewart, President Pro Tempore of the New Mexico State Senate.
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On February 8, 2025, the Independent Petroleum Association of New Mexico (IPANM), along with the New Mexico Oil and Gas Association (NMOGA) and the New Mexico Business Coalition, expressed strong opposition to Senate Bills 48 and 49.
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The Trump administration has moved to resume liquefied natural gas (LNG) exports and reverse a ban on offshore drilling.
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The Independent Petroleum Association of New Mexico (IPANM) is highlighting the recent push by former President Donald Trump to implement significant changes aimed at establishing "energy dominance."
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As one of her initial actions in office, Governor Michelle Lujan Grisham signed an executive order in 2019 aimed at reducing greenhouse gas emissions in New Mexico.
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The legislative session in Santa Fe is underway, and discussions have already sparked debate over the freedom of senators to ask questions during committee hearings.
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Gov. Michelle Lujan Grisham has appointed Greg Nibert, a former Republican state senator and oil and gas lawyer, to the New Mexico Public Regulation Commission (PRC) for a six-year term.
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The United States is poised for a significant shift in its energy policy.
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In recent years, New Mexico's oil and gas industry has made progress in becoming more environmentally friendly.
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Trump's return to the presidency has resulted in notable changes in energy policies, particularly concerning offshore energy.
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Today, the Domestic Energy Producers' Alliance (DEPA) criticized a report by the Department of Energy (DOE) regarding the impact of U.S. LNG exports.
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The state's increased spending is aligned with the surge in revenue collections, reaching unprecedented levels.
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Methane emissions from the United States' leading oil and gas-producing regions have decreased by 44 percent since 2011, according to data from the Environmental Protection Agency (EPA).
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The Independent Petroleum Association of America (IPAA) has outlined a series of energy policy recommendations for the Trump transition team.