We’re out of the woods. We’re out of the dark. We’re into the light.
Nope, we’re not in Kansas anymore. However, there is a Wizard of Oz-like feel to remarks made by Mark C. Snead, an energy economist from the Denver office of our Federal Reserve Bank.
Speaking to the CFA Society of New Mexico, Snead reportedly said New Mexico and other oil and gas producing states were on the verge of good times.