Wild: New Mexico now produces more oil than “old” Mexico

Anyone who follows New Mexico’s budget and politics is well aware that the State is going through an incredible oil boom. As can be seen in the chart below from the Financial Times, New Mexico now produces more oil than the entire nation of Mexico.

This is a testament the American ingenuity, but it is incumbent upon New Mexico’s Legislature and Governor to use this windfall to improve the State’s economy and move the state toward economic prosperity.