Crime rates in Albuquerque have long been a metropolitan issue, but affect the business environment statewide. The Albuquerque Journal points out just how jarring the stats are with a headline that reads “In Bernalillo County: 114 people shot in 112 days.” While the crime rate is lower in other parts of our state, these types of headlines impact the view of our state and whether or not businesses choose to relocate or open here.
The New Mexican oil and gas industry continues to do great work for our state. In spite of increased levels of natural gas consumption nationwide, the U.S. greenhouse gas emissions have fallen to their lowest levels since 1992. New Mexico’s oil and gas industry is making incredible progress in reducing methane emissions as production surges in our own portion of the Permian Basin – the world’s top producing oilfield and some of the highest natural gas production in the country.
PRC decision could hurt New Mexico’s business reputation: A recent decision by the Public Regulation Commission (PRC) could leave Facebook on the hook to cover half the cost of an $85 million transmission line, a conclusion that Facebook says could affect the company’s long term operations in the state.
Did you miss the BASH? Last Thursday at the Marriott hotel in Albuquerque, NMBC members gathered to hear Senators John Arthur Smith and Stuart Ingle on stage together discussing the events of our last legislative session and thoughts on moving forward.
Last Thursday’s BASH (Business and Social Hour) event was a refreshing departure from the rough and tumble political climate of today, and an example of true statesmanship and friendly bipartisan comradery. Both Senators Smith and Ingle were in true form at the BASH as they covered the events of our last legislative session and elaborated on the path forward for our state.