Record royalty from oil and gas in New Mexico


While some Democrats and environmentalists in New Mexico want to avoid anything to do with oil and gas, their state just set a record for the highest monthly royalty earnings from oil and gas leases—-money they certainly would miss if there were to be a total abandonment of the industry.

The New Mexico State Land Office reported this week that $110 million was earned in April, more than any month in state history reported the Albuquerque Journal.

Click here for Albuquerque Journal story.