Taxpayers Win, Fracking Ban & Econ 101

The CWA would have required any company bidding a project over $500K in the City of Santa Fe to sign a collective bargaining agreement and essentially become unionized for the duration of the project. Objections came strong and steady from the construction industry considering that less the 6% of the construction industry in New Mexico is currently unionized. Taxpayers would have lost out too if this ordinance had not been repealed. The Santa Fe Economic Development Department estimated that the CWA would have cost an additional 3-5 million dollars in its first few years alone.

The New Mexico Business Coalition (NMBC) applauds the SF City Councilors who stood up for working families and taxpayers.

Freshman Senator Wants to Ban All Fracking in NM: The NM Oil and Gas industry pays over $2.4 Billion dollars a year in various taxes to help fund our education and other government services. The use of hydraulic fracturing (fracking) to increase the production of oil and gas wells has been around for years and is an integral part of modern oil and gas production. SB 547, BAN ON HORIZONTAL OIL & GAS FRACTURING, sponsored by Senator William Soules, is scheduled to be heard before the Senate Conservation Committee after the floor session today.

Passing a statewide ban on fracking would be devasting to the the NM Oil and Gas industry, which currently provides about 25% of the state general budget. The NMBC encourages you to contact members of the Senate Conservation Committee and ask them to stop this bill.

Free Enterprise – Economics 101: Join us this Saturday, March 2nd, at the Albuquerque Youth for Prosperity Economic Conference. Free Entry, Lunch & Prizes. We encourage all high school and college students to attend. For more information and to RSVP, email

Speakers include:
Carla Sonntag: President NM Business Coalition
Dr. Alan Parkman: Anderson School of Business
Paul Gessing: President Rio Grande Foundation
Marcos Portillo: Combat Veteran, UNM Student

When: Saturday, March 2, 2013
Where: UNM Continuing Ed. Bldg.
1634 University Blvd. NE
North of Indian School Blvd.
Time: 9 am – 1 pm

Join the New Mexico Business Coalition. Our work is more meaningful with you by our side.