Permian Basin to add $10 billion to New Mexico’s economy in 30 years

Permian Strategic Partnership - Permian Basin Energy Coalition

As much as New Mexico’s state leaders are critical of their state’s oil and gas industry, a new report says New Mexico’s economy could grow by more than $10 billion in the next 30 years.

The prediction came from the Permian Strategic Partnership which issued the report. The Partnership is made up of oil and gas companies in southeast New Mexico and West Texas, advocating for the industry in the U.S’ most active oilfield according to the Carlsbad Current-Argus.

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