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New Mexico Exemption: Oil and Gas Drilling Unaffected by Federal Pause.

This bill aims to exempt New Mexico from certain federal restrictions on oil and gas extraction on public lands. This means New Mexico can continue issuing new drilling permits, potentially impacting local jobs and tax revenues that often support public education.
Key points
New Mexico will be able to continue issuing new oil and gas leases on public lands, unlike other states subject to the federal pause.
The act seeks to protect jobs in the oil and gas industry and funding for New Mexico's public education system, which relies on revenue from this sector.
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Additional Information
Protecting New Mexico’s Jobs and Public Education System Act
Print number: HR 757
Sponsor: Rep. Herrell, Yvette [R-NM-2]
Process start date: 2021-02-03