.....Advertisement.....
.....Advertisement.....

Few jobs from sunsets, many from oil and gas

-A A +A
By Harold Morgon

Oil and gas industry discussions by public officials and industry tend toward the many worthy numbers.
For example, nearly all (96.6 percent) the interest from the Land Grant Permanent Fund goes into the state’s general fund, providing for continuing operations of government. The permanent fund predates statehood. Oil royalties appeared in 1924. Every county gets oil and gas production revenue.
Find the report, “Fiscal Impacts of the Oil and Gas Industry,” at the New Mexico Tax Research Institute (nmtri.org). Check the right side of the page.
Other numbers from David Martin, secretary of the Energy, Minerals and Natural Resources Department, at the Legislative Finance Committee’s July 9 meeting in Farmington: Jobs, direct, indirect and induced: 68,838. Average salary: $70,666. State gross domestic product portion: 9 percent.
The numbers obscure oil and gas as a way of life with a long history here.
Flush with “enchantment,” sunsets, and mystically seeking God, aesthetes miss this. They fail to track production numbers from the well to the permanent fund to investment income to the general fund to paying for the government they wish to expand.


If you subscribe to the newspaper, you receive FREE access to all the exclusive content of the web site! Simply register to receive uninterrupted access to our award-winning and in-depth local online content!

Renew Current or Past Subscription / Register for Online Subscription

If you currently subscribe or have subscribed in the past to the Los Alamos Monitor, then simply find your account number on your mailing label and enter it below.

Click the question mark below to see where your account ID appears on your mailing label.

Newspaper Acct. ID:
info
Street Address:
(exactly as it appears on the label)

If you are a subscriber and you do not know your account ID or don't have a copy of your newspaper available that shows the information on the address label you can click continue below to search for your account.

New Subscription/30 Day Free Trial Account

If you are new to the award winning Los Alamos Monitor and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.

ZIP Code:



Create a limited access account.
Register to participate in community forums, post on the community calendar, blog etc. This registration does not give you full access to read our award winning content, etc.

The Los Alamos Monitor | lacirculation@lamonitor.com | 505-662-4185
256 DP Road, Los Alamos, NM 87544
Office Hours are 8:00 a.m. to 5:00 p.m., Monday through Friday