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Top News & Analysis New Mexico


  • HOUSTON, July 1- A surge in West Texas oil pipeline startups and expansions has squeezed viability of some crude-by-rail terminals in the region, but increased output of ultra-light condensate could give them a niche pipelines cannot fill, a top rail operator in the region said on Wednesday. "The big topic used to be that there wasn't enough takeaway capacity out...

  • It was the 29th straight weekly decline, bringing the total down to 628, the lowest since August 2010, oil services company Baker Hughes Inc said in its closely followed report. In the latest week, drillers removed two rigs in the Permian, the biggest U.S. shale oil play in West Texas and eastern New Mexico, and three in the Bakken centered in North Dakota.

  • Minnesota: America's Top State for Business Wednesday, 24 Jun 2015 | 4:40 PM ET
    St. Paul, Minnesota

    Advances in education, innovation and quality of life, catapulted this state to 1st place in CNBC's annual Top States for Business ranking.

  • 24. New Mexico (Tie) Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015: New Mexico

    The Land of Enchantment is blessed with a strong infrastructure. But lack of business capital can be a curse.

  • State winners and losers in race to woo business Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015 On The Move

    Some states have made big economic strides. Others are falling short. Here's a look at movers on CNBC's Top States for Business 2015.

  • Why New Mexico has had 32 months of job growth Wednesday, 24 Jun 2015 | 6:52 AM ET
    New Mexico Gov. Susana Martinez

    Its geographical location has made New Mexico a key trade corridor—and thus a top destination for business, says Gov. Susana Martinez.

  • Overall, drillers reduced the number of rigs by four this week, oil services company Baker Hughes Inc said in its closely followed report. The number of oil rigs in the Permian, the nation's biggest shale oil field located in West Texas and eastern New Mexico, climbed to 232 this week, up one from the lowest level in at least four years last week, according to Baker...

  • 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...

  • 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.

  • 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.

  • 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.

  • 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.

  • US gas prices haven't been this low since... Monday, 12 Jan 2015 | 8:06 AM ET
    The gas cash price for regular fuel is displayed at $1.79 a gallon at a Mobil station in Livonia, Mich., Jan. 6, 2015.

    The average price of gas in the U.S. fell to its lowest level since April 2009, according to the Lundberg survey released Sunday.