Tuesday, October 28, 2008

New energy development in NM could boost revenues

Santa Fe New Mexican/Associated Press:

"SANTA FE, N.M. (AP) — State Land Commissioner Patrick Lyons says New Mexico should pursue new energy exploration and development as a way to combat the state's financial woes."...

..."Lyons says new oil and gas production as well as coal and uranium mining on state trust land would generate royalties that would help public schools and universities." More>>>>

Meanwhile, the stock market has plunged and people are fearful about the economy. However, in New Mexico, there are so many clean, distributed and renewable energy opportunities that could give people jobs locally and help boost governmental revenues. That would be the better path. Yet, Pat Lyons gives the same old knee jerk call to "drill, baby, drill" and "mine, baby, mine."

No comments:

Post a Comment