What Makes The Permian Basin’s New Mexico Portion Such A Success?

What Makes The Permian Basin’s New Mexico Portion Such A Success?

A pump jack operates on April 23, 2020 Eddy County, New Mexico. - Permian Basin Crude oil extraction ... [+] is one of the main economic drivers of this area, and the industry is looking to take a hit after the price of oil dropped below due to decline in demand from the novel coronavirus pandemic. US oil surged on April 24 and headed for a positive finish to a torrid week that saw prices drop below zero, as output cuts and US-Iran tensions lifted coronavirus-ravaged markets. (Photo by Paul Ratje / AFP) (Photo by PAUL RATJE/AFP via Getty Images)



AFP via Getty Images

Looking at a windfall.

New Mexicans are proud of their Land of Enchantment, because of the climate, the culture, outdoor activities, mountains views, white sand deserts, and the ubiquitous arts and crafts.

One other aspect that many people, but not all, are proud of is the Delaware basin - another way of spelling oil and gas. We will look into this. Why are some people proud? Why are some people not? By presenting facts in a balanced way the hope is that people on different sides of the oil