News
A petroleum PR blitz in New Mexico
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In the past seven months, oil and gas companies have dramatically stepped up their outreach and public relations spending at some of New Mexico’s best-known, best-loved events. The industry also picked up an additional public relations bump from the not unexpected news that oil and gas revenues will add an additional $2.5 billion to next year’s state government budget. This record breaking funding comes on the heels of last year’s record breaking budget, both of them courtesy of record breaking oil and gas production and record breaking oil and gas prices. All of this money sloshing around the state raises the positive public profile of the petroleum industry. Meanwhile, the public sees little of its state Legislature — but that doesn’t mean it’s not busy.