New Mexico
New Mexico economist: Don’t expect huge jump in oil production, even if Trump slashes regulations • Source New Mexico
Even if President-elect Donald Trump makes good on his promise to increase domestic oil production by slashing regulations and boosting new leases on federal land, a New Mexico state economist says that won’t necessarily mean a huge increase in production here.
To understand why, the chief economist at the Legislative Finance Committee said you have to look at the way big oil companies, which have consolidated in recent years through mergers and acquisitions, have approached new production in recent years.
Shareholders at publicly traded oil companies are increasingly focused on profits from steady, regimented oil production from existing wells, not spending capital in search of new, potentially unproductive wells, said economist Ismael Torres.
“It’s like this change in attitude that, rather than take the money to do more drilling – to get more market share, to get more production – they’re going to not be so big of risk-takers,” Torres told Source New Mexico. “They’re going to drill where they know that they can earn a profit.”
First Trump term gives hints for second
Torres and the Legislative Finance Committee, which makes budget recommendations to lawmakers. included that prediction in a new revenue estimate for lawmakers ahead of the 60-day legislative session, which will begin in January just as Trump is sworn in for his second term. The state is heavily reliant on revenue from oil and gas production: It contributed an estimated 35% of the state’s general fund balance last year.
In addition to predicting another big budget surplus for lawmakers, the 31-page revenue estimate tried to predict what Trump’s promised policies, including new tariffs and oil deregulation, could mean for the revenues in the nation’s second-biggest oil and gas producing state.
When it comes to tariffs, it’s anyone’s guess, Torres said. The incoming Trump administration has released so little detail that determining the impact of tariffs on consumers or industry is difficult, he said. But the behavior of oil companies in the Permian Basin during the first Trump term, and the LFC’s observations of the industry in recent years, allows the analysts to make an educated guess.
New Mexico reports more than $2B in revenue for the third year in a row
According to federal Bureau of Land Management Statistics, New Mexico had about 7,570 active oil leases on federal lands as of 2023, the most-recent year for which data is available. That’s the second-highest in the country, behind Wyoming. There are also about 5,700 active leases on state lands, according to State Land Office data.
During the first Trump term, Torres said, oil companies took advantage of relaxed leasing requirements to secure more leases and permits on federal land, but that doesn’t mean they ever broke ground, he said.
Torres provided an industry analysis from Rystad Energy in January 2021, right after President Joe Biden took office, showing that two major producers, EOG and Devon, held onto about 1,100 horizontal drilling permits they obtained for the Delaware Basin in New Mexico between 2018 and 2020 without turning them into actual wells.
Torres’ interpretation of that is companies stockpiled permits while they could, anticipating that a new presidential administration would crack down on new permits, but never intended to immediately drill new wells.
Given the way the oil industry behaved the last time around, and shareholders’ new preference for steady profits over speculation, Torres said, he expects “business as usual” come January.
“The devil’s in the details,” he said. “But I am struggling to see what form it could take that would present a significant change in the current trajectory of production as it stands.”
State budget insulated from oil volatility
The current trajectory of oil production in New Mexico is a slowdown in growth and falling prices, following huge increases in production since 2017, according to the LFC report.
The state now produces a little more than 2 million barrels of oil a day, up from about 500,000 in 2017. But that huge year-over-year increase has already dropped, and it is expected to decrease even more in the next few years, from a 5% increase this year to 1.5% increases each fiscal year between 2027 and 2029.
Oil prices in New Mexico are also falling, from $78 a barrel, on average, last fiscal year to about $70 a barrel this fiscal year. They’re projected to reach $68 a barrel in fiscal year 2026, which begins in July. The LFC attributes that decline to reduced demand, growing supply and other economic conditions.
Between the reduced prices and reduced growth in production, the state expects overall collections to decrease over the next couple years. Analysts estimated the state generated $1.9 billion in oil and gas-related severance taxes this year, a decline of $64 million the previous year.
New Mexico governor: Expect ‘laundry list’ of crime proposals in one bill in legislative session
That would normally be very bad news, given the state’s reliance on oil and gas revenue. But lawmakers at a Monday meeting lauded the state’s approach to protect the general fund from volatility in the oil and gas industry, at least when it comes to creating a new budget early next year.
Revenue estimates show the state will receive $13.26 billion in revenue this fiscal year, which ends in late June. That estimate was revised upward since the last projections in August, when analysts estimated the state would get slightly over $13 billion. The new estimates mean the state will have about $900 million in “new” money to spend in next year’s budget, which is the total expected revenues minus last year’s spending.
Beginning in 2023, the state began capping the amount of oil and gas severance tax revenues that would end up in the general fund, an effort to invest a boon of oil revenue and insulate state operations from future price slumps.
As a result, the reduction in revenue only hits two reserve funds, like the Early Childhood Trust Fund and the Tax Stabilization Reserve, rather than reducing the general fund balance. Reducing the general fund balance could mean cutting the recurring funding departments use to pay staff or fund operations, along with nixing one-time appropriations.
The governor and the Legislature have agreed to tackle crime-related policies in a single piece of legislation, and the governor is calling for a big one-time boost in behavioral health spending.
New Mexico
Fresh produce and local vendors return to Robinson Park in Albuquerque
The Downtown Growers’ Market opened its season at Robinson Park, drawing people out for fresh produce, local goods and breakfast food.
ALBUQUERQUE, N.M. – The Downtown Growers’ Market opened its season at Robinson Park, drawing people out for fresh produce, local goods and breakfast food.
The first event of the season happened Saturday morning at Robinson Park in downtown Albuquerque.
The market will return every Saturday morning for the next several months.
Vendors include local farms selling fresh produce, pottery makers and people selling breakfast burritos, bagels, local honey and more.
The market gives people more chances to bring a picnic blanket and enjoy the weather in Albuquerque.
New Mexico
Border wall blasting begins on New Mexico’s Mount Cristo Rey, cherished by Catholics
A stretch of of the US-Mexico border near Sunland Park, New Mexico, is being cleared to make way for an extension of Trump’s border wall.Gaby Velasquez/Puente News Collaborative
This story was originally published by Inside Climate News in partnership with Puente News Collaborative and is reproduced here as part of the Climate Desk collaboration.
On a Saturday morning in March, high school students, mountain bikers and soldiers from a nearby Army base climbed the winding path up Mount Cristo Rey. From the summit, they could see most of El Paso, the sprawling city that dominates a stretch of desert where New Mexico, Texas and the Mexican state of Chihuahua meet.
They paused to trace the line of the Rio Grande, where it divides Mexico and the United States, and then touched the smooth tiles lining the base of the Christ the King statue, a cherished monument that gives the mountain its name.
Two days later, on a Monday morning, explosions rattled the same site. Contractors were blasting the south side of Mount Cristo Rey to prepare the terrain for construction of the border wall President Donald Trump has long promised would run from San Diego in California to Brownsville in Texas.
After the explosions, US Customs and Border Protection (CBP) uploaded a video of the blasts to social media. One earlier post boasted the mountain was getting a “face lift” to “secure a historically challenging terrain.”
The sarcasm didn’t sit well with thousands of residents from both sides of the border, who looked forward to the annual Good Friday pilgrimage to the mountain summit. This year, they would be walking above an active construction zone.
Walls have long separated El Paso and Sunland Park, New Mexico, from the Mexican metropolis of Ciudad Juárez. But building a wall on the rugged slopes of Mount Cristo Rey was long considered impractical. Eventually, the mountain’s slopes became the only significant gap without an imposing border fence in the binational metro area of more than 2.5 million people.
In recent years, Sunland Park and the area around Mount Cristo Rey saw high numbers of unauthorized crossings. Migrant deaths in the nearby desert soared. In lieu of a wall, Border Patrol agents blanketed the mountain and stationed themselves, along with surveillance equipment, on nearby roads.
Border crossings in the El Paso sector slowed during the final year of the Biden administration and have plummeted since Trump returned to office. The second Trump administration is intent on sealing every border gap.
SLSCO, a Texas company based in Galveston, has a $95 million contract to build a 1.3-mile wall on Mount Cristo Rey and two other barriers near El Paso. CBP waived environmental and historical preservation laws in June 2025, clearing the way for a border wall on the mountain. Over the objections of the local Catholic diocese, which owns most of the mountain, work began at the site in January.
Robert Ardovino, a business owner in Sunland Park, is no stranger to the traffic of Border Patrol vehicles and undocumented migrants crossing into New Mexico. But he was appalled to see the side of the mountain being shaved off. “Electronics would have made more sense than destroying a whole mountain,” Ardovino said on a recent afternoon. “But they’re doing what they’re doing.”
He predicted that when the Good Friday pilgrims ascended the mountain, many would be shaking their heads at the destruction. “There is no accountability,” he said. “And the damage will be irreparable.”
“CBP has environmental monitors present during these activities to ensure construction best management practices are being followed and implemented by the construction contractor,” an agency spokesperson said.
An environmental summary report, completed in lieu of an environmental impact assessment, is not available to the public, the spokesperson said.
Mount Cristo Rey is where the land border between the US and Mexico ends and the Rio Grande becomes the dividing line. This point, for centuries called Paso del Norte—the northern pass—has been a crossroads for Indigenous peoples, Spanish colonizers and later settlers traveling west on the early transcontinental railroads.
Once the railroad reached El Paso in 1881, the city grew quickly. A brick company opened on the flanks of Mount Cristo Rey, and a quarry was carved into the mountainside. Later, a copper smelter rose in its shadow. Mexican American workers lived nearby in a company town called Smeltertown.
A priest at Smeltertown’s Catholic church first proposed building a statue on the mountaintop. The 29-foot limestone statue of Christ was dedicated in 1939. The mountain, previously known as Cerro de los Muleros, or Mule Driver’s Mountain, was renamed Mount Cristo Rey.
Smeltertown was demolished in the 1970s. But descendants of several families who lived there still volunteer with the Mount Cristo Rey Restoration Committee, which maintains the trail and monument. They keep a watchful eye on the thousands of people, the religious and the secular, who join the Good Friday walk.
During the first Trump administration, in 2019, a group called We Build the Wall, that included Steve Bannon, tapped private donations to build a half-mile wall on the eastern side of Mount Cristo Rey. Fisher Sand and Gravel, which has received billions of dollars in border wall construction contracts under the Trump administration, built this section of wall on private property. CBP cut a dirt road across the south side of the mountain.
Bannon later pleaded guilty to defrauding donors. Lights illuminating the wall, which separates Mexico from the United States and El Paso from New Mexico, were turned off when the builders’ bank accounts were frozen.
Border wall construction largely stopped during the Biden administration. But once Trump returned to office, Mount Cristo Rey became a priority. Then-Homeland Security Secretary Kristi Noem waived more than two dozen laws on June 3 to expedite construction of the wall across the mountain. The REAL ID Act of 2005 granted DHS the authority to “waive all legal requirements” necessary to expedite construction of border barriers. Among the laws waived were the National Environmental Policy Act and the National Historic Preservation Act.
Geologist Eric Kappus considers Mount Cristo Rey one of the premier sites anywhere for geology education.
CBP announced plans for a 30-foot-high barrier that would run along the south side of the mountain and loom over the Anapra neighborhood in Ciudad Juárez. Agency plans state the wall will consist of steel bollards spaced four inches apart. It will require drainage gates and access roads.
Funding for CBP’s El Paso Anapra 16-4 Wall Project, which includes Mount Cristo Rey, dates back to DHS 2020 border wall appropriations. Since then, the agency has received 224 written statements about the proposal. According to the summary, 211 comments opposed the wall.
Notably, the Roman Catholic Diocese of Las Cruces urged the agency to exclude Mount Cristo Rey from its barrier plans. In its comments, the diocese referred to the mountain as a place “where faith transcends borders.”
“A grant of entry onto land [the diocese] owns for CBP purposes, whether temporary or permanent, would deter those pilgrims and migrants from exercising their religion as they have done for almost one hundred years,” wrote the Diocese’s general counsel, Kathryn Brack Morrow. “A place of hope, faith, and communion would become a place of fear, exclusion and division.”
Morrow wrote that the Diocese had received multiple requests for access to its property from the Department of Justice, which were denied.
The trail to the summit has not been disturbed by construction. But last year, the area along the border in Sunland Park and at Mount Cristo Rey was designated a National Defense Area, part of the US Army’s Fort Huachuca. People who enter a National Defense Area can be charged with trespassing.
Contractors are blasting the mountain along a 60-mile strip of federal property known as the Roosevelt Reservation. The City of Sunland Park also owns property on the mountain. A city spokesperson said Sunland Park has no jurisdiction over the area where construction is occurring.
The construction company JOBE also owns property on the mountain and declined to comment.
To the untrained eye, Mount Cristo Rey, like many Chihuahuan Desert locales, can appear desolate. A local CBP spokesperson compared it to a “moonscape” in a local news interview. “It’s just rock and sand.”
But for geologists like Eric Kappus, Mount Cristo Rey is a “treasure.”
Kappus discovered a series of dinosaur footprints at Mount Cristo Rey in 2002 while he was a graduate student at the University of Texas at El Paso. The prints were formed between 80 and 100 million years ago when Iguanodons and theropods plodded through mud on the edge of what was then a vast sea.
Kappus said he spent thousands of hours exploring Mount Cristo Rey, looking for fossils and prints. After working as an exploratory geologist and teaching across the country, he still considers it one of the premier sites anywhere for geology education.
“I could teach 75 to 80 percent of an introductory geology class in the field at Mount Cristo Rey,” he said. “It’s like a giant chalkboard.”
“The border wall is quite disrespectful to a lot of work that’s been undertaken by numerous government agencies.”
The prints, preserved in sandstone, were exposed during excavation for the brick yard. The site was later donated to the non-profit INSIGHTS El Paso Science Center. The dinosaur tracks site is not threatened by border wall construction.
William Lukefahr, an INSIGHTS tour guide, led a group down a rocky trail to the dinosaur tracks on a warm March morning. He slowed down to look for plants and animals. He pointed out a Black-spined prickly pear cactus and a Mormon Tea shrub. Then he spotted a spider web encasing a cocoon-like structure made of debris—the home of a desert shrub spider. “This mountain is very unique,” he said. “But there hasn’t been a lot of scientific research done here.”
Other creatures commonly seen on Mount Cristo Rey include coyotes, canyon wrens, and the greater earless lizard. Scruffy sotol and creosote shrubs dot the mountainside. Lukefahr explained that Mount Cristo Rey creates a corridor connecting the mountains in Juárez with those on the western and northern flanks of El Paso.
In their public comments to CBP, more than 80 people expressed concern for Mount Cristo Rey’s prized environment. The agency’s summary statement, in response, explained that a biological survey yielded no federally listed threatened or endangered species. The survey deemed that the habitat has a “low to moderate” suitability for wildlife.
“CBP has also determined there is minimal impact to vegetation and behavioral patterns of wildlife since the project area is flanked by existing barrier and an active patrol road,” the agency wrote.
Ardovino, the local business owner, said that wildlife activity in Sunland Park diminished after Border Patrol was “unleashed” to drive across the desert and carve new roads.
Years ago, he said, there were 18 pairs of burrowing owls, a diminutive variety, on his property. That was until Border Patrol vehicles repeatedly disrupted their habitat. “They’re gone now,” he said. “Concern for the environment is last on [the CBP] list.”
Myles Traphagen coordinates the borderlands project of the Wildlands Network, a nonprofit advocacy group. He said building the border wall will counteract federal efforts to foster endangered species, including the Mexican gray wolf.
US and Mexican government biologists collaborate on wolf reintroduction, with pups from New Mexico transported to Northern Mexico to grow the population and increase genetic diversity. “The border wall is quite disrespectful to a lot of work that’s been undertaken by numerous government agencies,” he said.
In 2017, Traphagen tracked the movements of a Mexican gray wolf outfitted with a GPS collar. The wolf traveled north from Chihuahua into New Mexico, then followed the Rio Grande to Mount Cristo Rey, where it crossed back into Mexico.
He said the border wall will close off this wildlife crossing point.
Ardovino owns property less than a half mile from the blast site. He said his interactions with local Border Patrol agents have always been respectful, although he was not notified before the blasting began. The boom of an unexpected explosion signaled that construction was underway.
The neighborhood of Anapra in Juárez is just feet away from the blast site. Warning signs were posted in the neighborhood in January.
Morrow, the attorney for the Diocese, said she has yet to receive notification from federal agencies of the blasting. Neither has Ruben Escandon Jr., spokesperson for the Mount Cristo Rey Restoration Committee. “Hopefully,” blasting would not occur during the Good Friday walk, he said.
The CBP spokesperson said landowners would be notified, but that there are no landowners in the blast zone.
The Wildlands Network’s Traphagen said that contractors at Mount Cristo Rey are defying common blasting protocols. Blast impact goes well beyond the thin strip of land where construction is underway, he said, and nearby residents and landowners should be notified for safety.
Construction activities are so far limited to the government’s Roosevelt Reservation. But it is unlikely the wall can be built without access to the diocese’s property on the mountain. The Diocese’s attorney was adamant the church will not sell.
The CBP spokesperson said that if the agency is unable to purchase property for border wall construction through voluntary sales, the Department of Justice can use eminent domain.
In public comments, the diocese attorney said attempts to seize the land would violate religious freedom and the right to worship, protected by the First Amendment and the Religious Freedom Restoration Act.
For now, the diocese is holding on to its sacred space. On Good Friday, thousands of people would climb Mount Cristo Rey, as they have every year going back almost a century.
But blast by blast, border wall construction is coming for Mount Cristo Rey.
New Mexico
Local children capture dreams with cameras at museum event
Local children at the Albuquerque Museum got cameras to keep and used them to capture their hopes and dreams.
ALBUQUERQUE, N.M. – Local children at the Albuquerque Museum got cameras to keep and used them to capture their hopes and dreams.
Saranam teamed up with Pictures of Hope for the event at the Albuquerque Museum. KOB 4 was there as children shared what they want in life and got a surprise.
“My dream is to be a farmer, go to college, a crazy cat lady, a crazy dog lady,” Janise said.
Linda Solomon said the children focused on goals like college and having a home.
“I don’t think there could be anything more special than having children share their dreams,” Linda Solomon said. “Their dreams are so unselfish, they’re not hoping for iPads or things like that, they’re hoping to go to college, to have a home.”
Janise said dreaming helps children plan for the future.
“You can’t really know what you’re going to do if you don’t have like a dream to do it,” Janise said.
“We surprise them with cameras they get to keep,” Solomon said.
Solomon said parents sometimes learn something new when children describe their goals.
“So often parents say to me, ‘I didn’t know my child was dreaming for this in life, I had no idea,’” Solomon said. “We care about their dreams, we care they can achieve these dreams.”
The children will return to the Albuquerque Museum on May 29 for an exhibition. Their pictures will be printed on greeting cards and proceeds will go back to Saranam.
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