New Mexico can afford to clean up its act on oil and gas drilling

Rio Grande Chapter Energy Team chair Denise Fort and team member Verne Loose, an energy economist, did a study of the economics of oil and gas drilling in New Mexico and found that, despite common claims from industry, New Mexico's oil and gas companies are not generally smaller or less able to operate under common-sense regulations like the "Pit Rule" that safeguard our water and air from contamination.

The paper is attached here:

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Loose Fort Regulating_oilgas_dev_6-9-14.pdf801.27 KB