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Top News & Analysis New Mexico


  • Energy firms pulled another seven rigs from U.S. oil fields this week, the most since late May, oil services company Baker Hughes Inc said on Friday in its closely followed report. Despite the overall cuts, drillers this week added rigs in four basins, including the Permian in West Texas and eastern New Mexico, the biggest U.S. shale oil basin. With Saudi Arabia and...

  • June 5- U.S. oil drillers boosted activity in four key basins this week, bringing the promise of additional oil to a market that faces OPEC's Friday decision to leave production caps unchanged. In the latest week, drillers added one oil rig in the Permian basin in West Texas and eastern New Mexico, the biggest and fastest growing U.S. shale oil basin.

  • WASHINGTON, June 4- Coal giant Peabody Energy has been among the harshest critics of federal energy policies, joining a court challenge to the Obama administration's new clean air regulations and denouncing its promotion of renewable fuels. "Our team will examine all aspects of bonding and self-bonding," said Chris Holmes, a spokesman for the Office of Surface...

  • NEW YORK, June 1- Medicare, the government-run health insurance program for elderly and disabled Americans, paid physicians $90 billion in 2013, up 17 percent from $77 billion in 2012, U.S. healthcare officials reported on Monday. Physician payments accounted for less than one-fifth of Medicare's 2013 net outlays of $492 billion, which rose from $466 billion...

  • That was the 25th straight weekly decline, bringing the total rig count down to 646, the lowest since August 2010, oil services company Baker Hughes Inc said in its closely followed report. The market has been eyeing the U.S. rig count and the increases of a few rigs in some basins over the past few weeks ahead of next week's meeting of the Organization of the...

  • A US workplace civil war that's at a tipping point Friday, 29 May 2015 | 10:00 AM ET
    Protesters march around the Capitol after participating in a rally against a "right-to-work" proposal, on Saturday, Feb. 28, 2015, in Madison, Wis.

    The US is split over right to work laws—literally. Exactly half of the 50 states are right-to-work states—the next will tip the balance.

  • Overall, U.S. drillers reduced the number of active rigs by just one this week, oil services company Baker Hughes Inc said. In the latest week, drillers added three oil rigs in the Niobrara basin in Wyoming and Colorado and two in the Eagle Ford in South Texas, according to the closely followed report. The Permian basin in western Texas and eastern New Mexico, the...

  • What do Toyota and Madoff have in common? Wednesday, 20 May 2015 | 1:39 PM ET
    Private plane jet

    Civil asset forfeitures have gone up in recent years, and in this report we break down how many asset seizures were valued over $1 million.

  • OKLAHOMA CITY/ WASHINGTON, May 20- Facing a backlash over the side effects of its oil and gas boom, Oklahoma is poised to overturn an 80- year-old statute that allows cities and towns to ban drilling operations within their borders. The move by Oklahoma's Republican-majority legislature follows a similar law signed on Monday by Texas Governor Greg Abbott in...

  • Police cash confiscations still on the rise Tuesday, 19 May 2015 | 10:41 AM ET
    Money in envelope

    Cash or currency make up the majority of the property seized by law enforcement for criminal convictions or suspected crimes.

  • WILLISTON, N.D., May 15- Oil and gas producer WPX Energy Inc would add one or two drilling rigs in North Dakota if WTI oil prices stabilized around $65 per barrel, Chief Executive Rick Muncrief told Reuters on Friday. The forecast falls in line with U.S. shale peers, several of whom have pointed to $65 to $70 per barrel as the range in which they would add rigs and ramp up...

  • NEW YORK, May 13- Royal Dutch Shell Plc will consider small additions to its North America oil and gas business, despite ruling out large acquisitions after its deal to buy BG Group Plc, Marvin Odum, director of Shell's Americas exploration and production business, said in an interview Wednesday. Still, the London- based major will consider smaller deals in North...

  • Energy companies increased by one each the number of oil rigs in the Permian basin of West Texas and eastern New Mexico- the biggest and fastest growing U.S. shale oil field- and in the Barnett in Texas. That was the first increase in the Permian since December and the first in the Barnett since March, oil services company Baker Hughes Inc said on Friday.

  • May 5- U.S. oil refiner Western Refining Inc reported a better-than-expected quarterly profit, helped by lower crude costs. Western Refining, which has refineries in El Paso, Texas and Gallup, New Mexico, said cost of products sold fell 45 percent to $1.74 billion in the quarter. Net profit attributable to Western Refining rose 24 percent to $106 million, or $1.11...

  • MIT invents system that makes salt water drinkable Thursday, 23 Apr 2015 | 11:53 AM ET
    Weeds grow in dry cracked earth that used to be the bottom of Lake McClure in La Grange, Calif.

    The Massachusetts Institute of Technology has won a competition to desalinate unusable water and make it drinkable for humans and crops.

  • Engineers compete to make salt water drinkable Thursday, 9 Apr 2015 | 12:09 PM ET
    Tanks that hold the water to be filtered through the desalination machines at the Desal Prize test site in Alamogordo, NM.

    Tech competitors have converged on New Mexico to help the developing world——and maybe drought-stricken California.

  • Native tribes debate entering legal pot business Thursday, 19 Mar 2015 | 1:31 PM ET
    Monument Valley Navajo Tribal Park in southeastern Utah.

    Many Native American tribes are grappling with the idea of growing marijuana on reservation land.

  • Where you pay the highest and lowest property taxes Monday, 9 Mar 2015 | 12:37 PM ET
    Homes in Connecticut

    Check out where the highest and lowest property tax rates are in America. NBC News reports.

  • Beach snow forecast as deadly storm packs more woe Tuesday, 24 Feb 2015 | 8:26 AM ET
    Winter Weather U.S.

    A fragmented winter storm was forecast to bring more snow to the Carolinas and Rocky Mountains, NBC News reports.

  • Lower gas prices no windfall for these retailers Wednesday, 4 Feb 2015 | 3:02 PM ET
    A customer checks out at a Best Buy in Peoria, Ill.

    As oil prices fall, it becomes harder for energy companies to maintain profitability.