Report: 95% of oil and gas leases on public lands in NM are in ‘extremely high’ water stress areas

Oil and gas activity in New Mexico may be exacerbating water stress in the state, according to an analysis by a liberal public policy think tank. The Center for American Progress determined that 387 of 402 leases granted by the U.S. Bureau of Land Management in the state in the last two and a half years are located in areas that are considered by the World Resources Institute to be “extremely high” in water-stress. 

Source: Center for American Progress

World Resources Institute released its global Aqueduct Water Risk Atlas earlier this year. The interactive online tool maps water stress at the national and sub-national level for countries around the world. It ranked New Mexico as an area of extreme water stress, on par with areas in the Middle East and North Africa. New Mexico is the most water-stressed state in the U.S., according to the World Resources Institute.

GOP tax bill could put giant hole in NM’s budget

The tax bill Congress is considering could blow up New Mexico’s budget—as early as next year. New Mexico Senate Finance Committee chair John Arthur Smith, D-Deming, and House Appropriations and Finance Committee chair Patricia Lundstrom, D-Gallup, sounded the alarm with a letter to members of the congressional delegation and Gov. Susana Martinez. The two wrote the state could lose nearly $600 million in federal funding in the coming year, including over $430 million in federal mineral leasing payments. This is money the federal government pays to states for oil and gas drilling and coal mining on federal lands within their borders. “Loss of FML revenues, which primarily fund public education in New Mexico, would have a devastating impact on the state’s budget and would wipe out the reserves our state has struggled to rebuild,” the two legislators wrote.

Report: Two NM regions among top five for methane emissions

New Mexico’s two biggest energy-producing regions are two of the most-polluted in the nation when it comes to methane emissions, according to a study released today. Both the San Juan Basin and the Permian Basin rank as the third and fourth most methane polluted regions in the country, according to the Washington D.C.-based progressive think tank Center for American Progress’ “The Who’s Who of Methane Pollution” report. The report is based on 2014 data from the federal Environmental Protection Agency. The San Juan Basin, located mostly in northwestern New Mexico, emits the most methane per well in the country. Methane emissions are commonly viewed as a greenhouse gas more harmful than carbon dioxide and the report underlines this point and pushes the federal government for strong regulations limiting them.