President Obama to visit New Mexico oil fields

The Associated Press ALBUQUERQUE — With gas prices steadily on the rise, President Barack Obama makes a stop Wednesday in New Mexico’s oil fields to tout the fact that domestic oil and gas production is at an all-time high. But he’ll also step into solidly Republican territory dominated by an industry upset with his administration’s […]

Their view: Oil speculation inflating gas prices

Sen. Tom Udall, D-N.M., issued this press release Tuesday about oil speculators.

Don’t expect policy changes from Obama

Freedom New Mexico When President Barack Obama promised this week to open 75 percent of potential offshore gas and oil resources to drilling and praised the controversial fracking method for extracting untapped oil reserves on land, a collective shudder went through his green constituency. Welcome to election-year rhetoric. The green lobby is learning what other […]

Obama wants to drill —

Freedom New Mexico Gasoline prices have hit $4 a gallon in California, twice what they were when Barack Obama took office. But sometimes overlooked is that prices previously declined partly because of worldwide recession depressing demand. As economies recover, demand increases, and so do prices. Moreover, Middle East instability now threatens supplies, adding more upward […]

Portales past: March 15, 1950

March 15, 1950: The Portales Daily News: Oil leasing in the Elida area took a sudden spurt today, with 32 instruments filed in the city clerk’s office.

Portales past: Feb. 12, 1952

Feb. 12, 1952: The Portales Daily News: San Andres oil well for Roosevelt County was located in the extreme southeastern corner of the county. The 4,845-foot well, with 2-inch tubing in place, was making an estimated one barrel of oil per hour.

Press release: Gas prices in NM increase for fourth week in row

(Irving, Texas) —- After a month of steady increases in gasoline prices during 2011, consumers are seeing some moderation at the pump as oil prices dropped this past week. Oil on Thursday fell below the $86 a barrel range for the first time since mid-November. Just two weeks ago oil was above $92 a barrel […]

Monday morning briefing: Game of the week, filling the void and a gusher

Good morning and welcome to the Freedom New Mexico Monday briefing. Video game of the week. The latest recommendation from our own Jenna Zamie. Game: ilomilo Genre: Puzzle System: Xbox Live Arcade, phone What is it? Charming aesthetics and devious puzzles create an engaging experience. ESRB Rating: Everyone Web site: http://www.xbox.com/en-US/games/i/ilomilomobile/default.htm Question of the day […]

Artist of the month — Nov. 7

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Lois Snyder Lois Snyder, artist of the month for the Pintores Art League, will be showing her oil paintings at the Clovis-Carver Library during the month of November. One of her paintings was chosen for the Downtown Revitalization poster and she has been chosen by Clovis News Journal readers as “Best Artist” four times. She […]

My turn: Spreads enhance sandwiches

Non-traditional spreads take sandwiches to a new level. These ideas are healthy, as long as you use those with olive oil or avocado in moderation. • Basil pesto. This paste is traditionally made of fresh basil, olive oil, garlic, parmesan or Romano cheese and pine nuts. It’s good on a grilled muenster cheese sandwich. • […]

Portales past: Sept. 20, 1960

Portales News-Tribune: Oil production was confirmed today from two wildcat wells, one in the extreme southwest corner of Roosevelt County and the other 5 miles west of Bluit-Allison field.

Oil spill effects cast wide ripple

Clyde Davis “JB & Friends: Live from the Gulf Coast!” You can watch the show LIVE on CMT, or listen on Radio Margaritaville. To demonstrate support for the people, businesses and culture of the Gulf Coast, CMT will telecast a free musical celebration live from the beach at Gulf Shores, Ala. CMT Presents Jimmy Buffett […]

Oil prices bury retiree allowance

By Tom Philpott: PNT columnist It was higher oil prices last year that led to the largest annual cost-of-living adjustment (COLA) to federal entitlements since 1982. Good thing, too. Lowered oil prices since then are almost certain to block any COLA this year for military retirees, federal civilian retirees, Social Security recipients, survivor benefit annuitants […]

April 29, 1949

Roosevelt County almost saw oil production within its borders when Magnolia Petroleum Company found petroleum within 1.7 miles of Roosevelt County, south of Milnesand. The test was made after a fire erupted during a drill stem test the day before. The well produced 35 barrels of 47-gravity oil within the first hour and was producing […]

Oil-and-gas rights debate draws crowd

By Phaedra Haywood: The New Mexican Oil-and-gas industry representatives and advocates of increasing the rights of landowners who don’t own the mineral rights under their property squared off Wednesday before the House Energy and Natural Resources Committee, which drew a standing-room-only crowd. Debate is scheduled to resume Friday on House Bill 219, which deals with […]

Study: Campaign bucks oil policy wheels

By Steve Terrell: The New Mexican Political contributions from the oil and gas industry might translate into friendly legislation for that industry, according to a new study by Common Cause New Mexico. The report, titled “Connecting the Dots: The Oil and Gas Industry’s Influence on New Mexico Politics,” says oil and gas interests have contributed […]

Fluctuating fertilizer prices hurt farmers, dealers

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By Argen Duncan: PNT senior writer Fueled by roller coaster oil prices, high fertilizer prices are hurting not only farmers but people selling the products. But oil price decreases this winter may offer some relief. Starting about last January, prices for fertilizer started climbing until they doubled last year, said Ted Hairgrove, manager of DeBruce […]

Land commissioner: Expect oil, gas revenues to fall

By Gabriel Monte: Freedom New Mexico Oil and gas revenues could be down next year as oil and gas companies are expected to drill less in New Mexico because of poor commodity prices and tight state regulations, according to the State Land Office. SLO Commissioner Patrick Lyons told members of the Ag 50 committee during […]

Market more powerful than big oil

It seems like yesterday mobs clamored for government to spank Big Oil for gouging. “Windfall profit taxes!” they demanded as gasoline prices in June rose to $4.33 nationally. What a difference a season makes. Gasoline prices now are around a buck and half in some parts of the nation and $2.40 on average for New […]

Low gas prices help keep world mischief at bay

Freedom New Mexico If there is anything resembling a silver lining in the current financial crisis, it is that the worldwide price of oil has fallen to around $70 a barrel, about half what it was some three months ago. Gasoline prices, which always lag behind oil prices, have begun to drop as well. This […]