Development of oil and natural gas in the Eagle Ford Shale contributed $25 billion in total economic output to the South Texas region last year, according to a study released Wednesday by the Center for Community and Business Research at The University of Texas at San Antonio Institute for Economic Development.
Articles from Martinez
The New Mexico legislature has passed a bill calling for an investigation of natural gas outages that hit parts of the state in February. Gov. Susana Martinez last Wednesday signed the measure (HB 452), which was unanimously approved by the state Senate March 12. Labeled an emergency investigation under the New Mexico legislative process, the measure creates the Gas Emergency Investigation Task Force composed of designated representatives from state government. The measure spells out the task force parameters and actions, and calls for a report and recommendations to be compiled by Aug. 1. Following energy disruptions caused by a severe freeze in the Southwest which left 28,000 New Mexico Gas Co. customers without service, the New Mexico Public Regulation Commission, Federal Energy Regulatory Commission and U.S. Senate Energy and Natural Resources Committee launched investigations and held hearings (see NGI, Feb 28). The task force is to investigate “how and why” many of the state’s rural natural gas consumers were shutoff, the economic and social impacts from that, and determine recommendations for both state and federal regulators on how to avoid a similar occurrence in the future.
New Mexico Gov. Susana Martinez Thursday declared a state of emergency due to natural gas service outages across the state, ordering all nonessential personnel to stay home. Temperatures in Albuquerque Thursday night were forecast to go as low as 9 degrees.
New Mexico’s newly elected Gov. Susana Martinez has nominated former astronaut and U.S. senator Harrison Schmitt as the state’s secretary for Energy, Minerals and Natural Resources. The governor’s announcement follows a decision to dismiss the state’s environmental board tied to a cap-and-trade proposal. Schmitt is charged by the new governor to “harness and develop” energy sources in New Mexico as a means of reviving the state’s sputtering economy and creating new jobs. Schmitt’s nomination is subject to confirmation by state lawmakers. He said he will work with the governor to “enhance New Mexico’s potential” as “a leader in energy and natural resource development.” With an undergraduate degree from the California Institute of Technology and a doctorate degree from Harvard University, Schmitt earned an Air Force jet pilot’s wings in 1965 and Navy helicopter wings two years later. He participated in the National Aeronautical and Space Administration’s scientist-astronaut program beginning in 1965, and provided support for the Apollo 11 mission, before flying into space as part of the Apollo 17 mission. He landed on the Moon Dec. 11, 1972.