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New Mexico

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  • NEW YORK, Jan 11- The average price of a gallon of gasoline in the United States fell 27 cents in the past three weeks, falling to its lowest level since April 2009, according to the Lundberg survey released Sunday. Prices for regular grade gasoline fell to $2.20 a gallon in the survey dated Jan. 9 from the previous survey on Dec 19. The highest price within the survey...

  • HOUSTON, Jan 9- New oil and gas well permits issued across the United States rose slightly in December and surged 72 percent in Colorado and Wyoming after falling sharply in November on tumbling crude prices. New permits plunged nearly 40 percent in November compared to October, signaling a potential slowdown in the shale oil and gas boom that brought the United...

  • WASHINGTON, Jan 2- The White House will soon announce a nominee to the Federal Reserve Board, a person familiar with the matter said on Friday, in a move that would begin the process of filling one of the Fed's two empty seats in Washington. The person said the White House will announce a nominee next week or the following week, adding that the nominee will likely have a...

  • JUNEAU, Alaska, Dec 31- Former U.S. Democratic Senator Mike Gravel, who represented Alaska in the 1970 s, said on Wednesday he would head a Nevada company that develops and markets cannabis throat lozenges and other products in states that have taken steps to legalize weed. Gravel's appointment comes two months after Alaska and Oregon voted to legalize marijuana...

  • State winners, losers crowned in oil shock Monday, 22 Dec 2014 | 11:33 AM ET
    Tesoro's oil refinery in Los Angeles

    Oil's drop in price is affecting states across the country in different ways, but Alaska's hit has been the hardest.

  • Slowdown signs emerge for oil states as crude slides Monday, 15 Dec 2014 | 7:25 AM ET
    Workers prepare pipes used in the drilling of shale gas.

    Some of the nation's top oil states are showing early signs of a slowdown as a result of the plunge in crude prices.

  • That will widen Alaska's budget gap to almost $3.4 billiuon, Fitch said in a Dec. 11 report. States such as Texas, North Dakota, Alaska, Oklahoma and New Mexico are all likely to feel strains next year, Wells Fargo Securities municipal analyst Roy Eappen said in a recent report. Meanwhile, household sentiment in Texas, Louisiana, Oklahoma and Arkansas where memories...

  • Texas, North Dakota, Oklahoma, New Mexico and Colorado together account for almost 98 percent of the total rise in U.S. oil output since the beginning of 2008.. But Oklahoma, New Mexico and Colorado have collectively contributed almost an extra half million barrels per day compared with January 2008, according to the U.S. Energy Information Administration.

  • NEW YORK, Dec 8- Oil production from the United States' biggest shale plays is poised to keep expanding at the same breakneck pace into early next year, according to new U.S. projections released on Monday that highlighted a slow response to tumbling prices. Oil production from the three main plays- the Bakken, Eagle Ford and Permian Basin- is set to rise by some...

  • In some states, cheap oil isn't such a good thing Tuesday, 28 Oct 2014 | 10:15 AM ET
    An oil refinery in Kenai, Alaska.

    The recent drop in oil prices may soon take a big bite out of tax revenues in states that are big energy producers.

  • Dallas Love Field reopens to an airfare war Monday, 20 Oct 2014 | 3:56 PM ET

    A federal amendment expired, paving the way for Dallas Love Field to offer flights again and setting the stage for an airfare war.

  • Looking for the next oil boom? Follow the tech Tuesday, 15 Jul 2014 | 11:46 AM ET
    An oil pump operates in the Permian Basin oil field near Carlsbad, New Mexico.

    The Permian Basin of west Texas and southeast New Mexico is seeing an exploration renaissance, according to Oilprice.com.

  • States are still not turbocharging job growth Tuesday, 24 Jun 2014 | 4:48 PM ET

    States are still seeing low levels of job growth despite the recovery. A weak housing and manufacturing sector has stymied employment.

  • Why are space companies flocking to Colorado? Tuesday, 24 Jun 2014 | 4:45 PM ET
    The annual National Space Symposium in Colorado Springs, Colorado

    Colorado is trying to outbid rival states like Florida and New Mexico for a bigger slice of the commercial aerospace industry pie.

  • 37. New Mexico Tuesday, 24 Jun 2014 | 3:00 PM ET

    The Land of Enchantment’s low costs might be charming, but the regulatory climate is not. Compared to its neighbors, the state’s economy is lagging.

  • Drought relief: Are victory gardens in our future? Friday, 23 May 2014 | 10:20 AM ET
    Dried and cracked earth on an unplanted field at a farm near Mendota, Calif.

    As drought bakes nearly half the country, an expert says we may have to return to the days of WWII to ease the pain.

  • Shares of Blackstone-backed La Quinta up in debut Wednesday, 9 Apr 2014 | 11:29 AM ET
    La Quinta hotels.

    Shares of La Quinta fell as much as 2 percent in their trading debut on Wednesday, though they later rebounded and rose slightly.

  • State fund finds Loeb's Third Point too risky Monday, 3 Feb 2014 | 9:07 AM ET
    Dan Loeb, founder and chief executive officer of Third Point.

    Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.

  • Thinning blue line: Police cuts cripple cities Friday, 22 Nov 2013 | 8:56 AM ET
    In crisis: Trenton police on patrol in the Garden State's capitol

    Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.

  • The new city economy Thursday, 21 Nov 2013 | 9:45 AM ET
    Ford Motor Co. said it will invest $200 million to make four-cylinder engines at the Ford Motor Co. Cleveland Engine Plant in Brook Park, Ohio.

    Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.