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Yes, the energy transition is coming — but ‘probably not’ in our lifetime

Natural gas is burned off at a wellsite near Lovington, New Mexico. (Photo by Jerry Redfern for Capital & Main) On evened-numbered years, New Mexico’s legislative sessions focus almost exclusively on budgetary issues, which puts the state’s oil and gas industry front and center, as revenues from the oilfields make up about a third of the state’s general fund budget, and contribute millions more to its permanent funds. The New Mexico Oil and Gas …

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Source New Mexico broke the news in on Tuesday, January 27, 2026.
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