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New Mexico permanent funds shrink amid energy bust

New Mexico drilling rig

SANTA FE, N.M. (AP) — Rainy day funds overseen by the state of New Mexico have been drawn down by almost 2 percent during the past year as spending on public education and infrastructure projects outpaces investment income and revenues linked to the oil and natural gas industries. The New Mexico State Investment Council said Monday that assets declined by ...

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New Mexico Gas Co. plans natural gas pipeline to Mexico

New Mexico Gas, pipeline

ALBUQUERQUE, N.M. (AP) — New Mexico Gas Co. says it’ll seek a federal permit to begin building a natural gas pipeline from southern New Mexico to Mexico. Company spokesman Teala Kail says the $5 million project would extend the company’s existing pipeline in Santa Teresa about five miles to the U.S.-Mexico border and enlarge the pipeline. The Albuquerque Journal (http://goo.gl/CTuQez ...

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Feds remove the lesser prairie chicken from protection list

lesser prairie chicken

ALBUQUERQUE, N.M. (AP) — Facing an uphill court fight, the U.S. government announced Tuesday it was formally removing the lesser prairie chicken from a federal protection list under the Endangered Species Act. The U.S. Fish and Wildlife Service said the move follows recent court rulings in Texas that stripped the lesser prairie chicken of federal protection. However, federal officials say ...

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Poll: US-Mexico border residents feel ignored, oppose wall

ALBUQUERQUE, N.M. (AP) — Residents along the U.S.-Mexico border are feeling ignored in the midst of a U.S. presidential election in which immigration, border security and a proposed wall are being hotly debated, a poll released Monday suggests. A Cronkite News-Univision News-Dallas Morning News border poll found a majority of urban residents surveyed on both sides of the border are ...

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AP Exclusive: Texas governor to miss Republican convention

Gov Greg Abbott, Republican National Convention

AUSTIN, Texas (AP) — Texas Gov. Greg Abbott will miss next week’s Republican National Convention as he recovers from extensive burns after being scalded by hot water — meaning his state’s large delegation to Cleveland will be without its chosen chairman. Spokesman Matt Hirsch told The Associated Press on Tuesday that doctors said it would be “irresponsible” for Abbott to ...

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Oil industry headlines from around Texas

Texas oil, pumpjack

From budget cuts to oil spills, here is the news from the Texas oil and gas industry this week. Oil spill photos are finally visible to the public Photos taken by the Civil Air Patrol of flood-related oil spills are now available to the public online, rather than requiring a login and password for the University of Texas website. The ...

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Top Texas energy stories June 26 – July 3

Texas top 5

According to Baker Hughes, the U.S. rig count has increased by 10 this week, with Texas gaining four of the total overall increase. The price of oil is inching back up , playing games with that $50 per barrel mark. Oil currently sits at $48.99, and Brent crude is $50.35. The anxiety associated with the British vote to leave the ...

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