What does oil and gas mean to your county? Will Sens. Heinrich and Udall support NM’s economy?
Most educated New Mexicans know that oil and gas production is largely based in the Northwest and Southeast corners of the state. That is reflected in the map below which was taken directly from Gov. Martinez’s recently-released energy plan. I thought the information was interesting enough to be posted online. Interestingly, Eddy and Lea County produce the most revenue from oil and gas, but traditionally-liberal Rio Arriba County trails San Juan County by just a little in terms of revenue.
Perhaps even more interesting is how the funds from the oil and gas industry are distributed around the State. As can be found in the chart below from the same publication, Bernalillo County receives the greatest total benefit from the oil and gas industry without producing a drop. All New Mexico counties share revenues generated by the Industry although it is certainly worth noting that producing counties see far less economic return from production than they receive.
Given the reality of the impact of oil and gas and how it benefits all New Mexicans, it will be interesting to see how Senators Heinrich and Udall vote on crude oil exports when the time comes. Exports would benefit the entire New Mexico economy as seen below. Rep. Lujan-Grisham voted to support the bill that recently passed the House.