Bid to overhaul New Mexico oil and gas regulations clears first hurdle amid litigation

 

January 26, 2024



SANTA FE, N.M. (AP) — An effort to modernize state oversight of a thriving petroleum industry in the nation's No. 2 state for oil production advanced past its first committee vetting Thursday at the New Mexico Legislature.

The bill would rewrite portions of the state's 1930s-era Oil and Gas Act in order to help regulators keep pace with the industry's meteoric growth in recent years — as well as increasingly assertive calls to hold the sector accountable for air pollution, spills and the costly cleanup of equipment and abandoned wells.

It advanced on 6-5 vote of the lead House committee on nat...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Arc
Newsgram

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024