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New Mexico Oil and Gas Day

Friday, February 05, 2010

Declaring February 5, 2010 as Oil and Gas Industry Day at the House of Representatives

WHEREAS, the oil and gas industry is a backbone industry for the state of New Mexico; and

WHEREAS, the industry is the largest civilian employer in the state; and

WHEREAS, oil and gas pipeline miles exceeds the combined mileage of all New Mexico railroads and highways; and

WHEREAS, New Mexico ranks fourth in the nation in crude oil reserves and second in the nation in natural gas reserves; and

WHEREAS, New Mexico ranks sixth in the nation in crude oil production and second in the nation in natural gas production; and

WHEREAS, the state receives numerous taxes, royalties, and revenues from the oil and gas industry each year; and

WHEREAS, the oil and gas industry has supported education through royalties paid into the land grant permanent fund; and

WHEREAS, a strong and thriving oil and gas industry in New Mexico helps to fund the state’s educational system, roads, public facilities, economy, and other institutions;

NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE STATE OF NEW MEXICO that February 5, 2010 be declared “Oil and Gas Industry Day” at the house of representatives; and

BE IT FURTHER RESOLVED that heartfelt gratitude be extended to the members of the oil and gas industry throughout the state for their numerous contributions to the state of New Mexico.

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