[CedarDave]

Here in New Mexico, Sleepy Joe’s words are a double whammy. It doesn’t matter how he defines fracking (”just on Federal lands”), it will kill oil and gas in New Mexico.

Most oil and gas in the state is located on federal land. In the oil shale rich counties in SE NM, the BLM (the Bureau of Land Management for easterners) controls mineral rights under the barren semi-arid surface mainly fit for cattle grazing. In NW NM, BLM manages minerals for both and Navajo and Apache Indians where natural gas reserves are extensive.

I don’t have the exact percentage of oil and gas lands that are under federal control, but it’s way in excess of 50-60 percent. So we take a big hit from a fracking ban no matter how Biden defines it.

For the past month those signs featured in my tag line are all over the NM oil patch.

[carton253]

My local radio station has NBC News for national news. All morning long, NBC has only fact checked (falsely) the President’s performance. I don’t expect anything else...but it still makes me nuts.

[CedarDave]

Posting for future reference:

New Mexico: 85% of oil production in New Mexico is on federal and state lands. The breakdown is 50% federal, 35% state.

80% of natural gas production in New Mexico is on federal and state lands. The breakdown is 60% federal and 20% state.

NM LFC Fun Facts, Oil and Natural Gas Production

• Over 62,000 jobs could be lost by 2022
• $1.1 Billion in state revenue could be at risk
• Oil production would decrease by 47%
• Natural gas production could decrease by 46%

Nationwide:

State by State Impacts of a Federal Leasing Ban