US EditionLujan Grisham signs oil fee hike into law
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Lujan Grisham signs oil fee hike into law
Adrian HeddenEl Rito Mediaachedden@currentargus.com New Mexico will be allowed to charge oil and gas companies more to drill on state land after Gov. Michelle Lujan Grisham signed a bill into law last week. Senate Bill 23, sponsored by Sen. George Munoz (D-4) who chairs the powerful Senate Finance Committee that devises the state’s budget each year, raised the cap on royalty rates oil companies pay as a percentage of their proceeds from operati…
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