Gov. Lujan Grisham vows to work with oil, gas industry during boom - Albuquerque Journal

Gov. Lujan Grisham vows to work with oil, gas industry during boom

Five months into her tenure as governor of New Mexico, Michelle Lujan Grisham vowed to continue to work with the oil and gas industry even as her administration rolled out an agenda to prioritize renewable energy amid a boom in oil and gas development in the southeast corner of the state.

She was joined by New Mexico Environment Department Cabinet Secretary James Kenney and Sarah Cottrell Propst, cabinet secretary of the Energy, Minerals and Natural Resources Department during a visit last Friday to Carlsbad.

All three officials explained their priorities in working with oil and gas, while also diversifying New Mexico’s energy economy.

Lujan Grisham pointed to the Energy Transition Act, a law she signed during the recent legislative session as evidence that her administration is committed to working with energy counties such as Eddy and Lea in the southeast and San Juan County in the northwest. The act called for New Mexico to completely convert to carbon-free electricity by 2045, but Lujan Grisham said PNM, the company that runs the San Juan Generating Station — a coal power plant near Farmington — could convert by 2040.

“The reason they can get it done, is because the entire country and the state has incredible investments in wind and solar,” she said. “Now we’re creating an ecosystem when we say we want every single productive job. But they’re energy jobs. Who knows more about energy jobs? The energy counties in the state of New Mexico.”

Gov. Michelle Lujan Grisham speaks to community leaders during a visit to Carlsbad last week. (Current-Argus Photo)

She countered arguments that her administration favored renewable energy over fossil fuels by pointing to a recent announcement that oil giant ExxonMobil and Permian subsidiary XTO Energy plan to bring more than $64 billion in investments to New Mexico in the next 40 years.

She said long-term investments from the industry shows that oil and gas is confident Lujan Grisham is supportive of their continued presence among wind and solar industries.

“I think we can be a clean energy state. But we’re going to be an all-of-the-above energy economy,” she said:

Several oil and gas companies commended Lujan Grisham’s administration for working with them in creating beneficial regulations during and after the legislative session.

Lloyd Helms, COO of EOG Resources, a Houston-based oil and gas company said the administration successfully collaborated with oil and gas and encouraged long-term investments in New Mexico.

“We commend your leadership in creating a culture of collaboration for all stakeholders, including the oil and gas industry, in policy and regulatory discussions,” Helms wrote in a May 16 letter to Lujan Grisham.

Marathon Oil vice president Todd Abbott said the governor’s policy decisions prove a commitment to continued oil and gas production in the Permian. He pointed to the signing of the Produced Water Act during the session, commending the law for providing regulatory certainty for waste water created during hydraulic fracturing.

Home » News » New Mexico News » Gov. Lujan Grisham vows to work with oil, gas industry during boom

Insert Question Legislature form in Legis only stories




Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

ABQjournal can get you answers in all pages

 

Questions about the Legislature?
Albuquerque Journal can get you answers
Email addresses are used solely for verification and to speed the verification process for repeat questioners.
1
‘Dirty cop’ tests limits of Fifth Amendment privilege
Business
Glenn Lewellen was “a dirty cop.” ... Glenn Lewellen was “a dirty cop.” That’s a direct quote from an unusually blunt federal court opinion.
2
There’s almost unlimited clean, geothermal energy under our feet. ...
ABQnews Seeker
Modern drilling capabilities developed by the ... Modern drilling capabilities developed by the oil and gas industry are opening the gateway to deep underground geothermal energy.
3
In the near future, clean geothermal energy could heat ...
ABQnews Seeker
Geothermal makeovers could be gaining ground ... Geothermal makeovers could be gaining ground in New Mexico, thanks to technological advancements.
4
Sandia National Laboratories' drilling research, long used by oil ...
ABQnews Seeker
Sandia wants to make those efforts ... Sandia wants to make those efforts more efficient and less expensive
5
It’s a cookie...it’s a cake...it’s New Mexico’s first Great ...
Business
Cookie cake franchise, Great American Cookies, ... Cookie cake franchise, Great American Cookies, opened its first location in New Mexico earlier this month.
6
Lots of sound and fury on US debt, but ...
Money
WASHINGTON (AP) -- For all the ... WASHINGTON (AP) -- For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a ...
7
Think physics is hard? Try self-employed tax liability
Business
Albert Einstein was, as we all ... Albert Einstein was, as we all know, a brilliant theoretical physicist. His fame likely comes from t ...
8
Diplomats quietly help make the world go 'round
From the newspaper
The United Nations recognizes 193 member ... The United Nations recognizes 193 member states. Additionally, it recognizes what it calls "ob ...
9
Happy Birthday Bob's Burgers! Albuquerque institution celebrates 60 years ...
ABQnews Seeker
It's been family first, business second, ... It's been family first, business second, say restaurant's owners