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Top News & Analysis New Mexico

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  • March 20- The number of rigs drilling for oil in the United States continued to decline this week, falling 41 to 825, the lowest rig count in four years, oil services firm Baker Hughes said in its closely-watched survey on Friday. U.S. crude futures have dropped by about 60 percent since June due to concerns OPEC and the United States are producing too much oil while...

  • 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.

  • CHICAGO, March 19- Drought pressures will increase in California and western areas of the United States this spring even as the dry season begins, the government's Climate Prediction Center said on Thursday. Drought is forecast to persist in California, Nevada, and Oregon through June with the onset of the dry season in April. "I see nothing that would indicate...

  • 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.

  • The number of rigs drilling for oil in the United States fell by 64 to 922, oil services company Baker Hughes Inc said in its weekly report. The number of oil rigs in use has fallen in 18 of the past 21 weeks, according to Baker Hughes. Texas, the state with the most rigs, again lost the most this week, shedding 32 to 537, the lowest since 2010, Baker Hughes said.

  • Feb 26- Western Refining Inc reported a better-than-expected adjusted quarterly profit on Thursday as lower crude oil prices helped improve refining margins. Growing output from the Permian Basin in Texas and New Mexico, where Western's refineries are located, has combined with inadequate pipeline infrastructure to create a glut and suppress crude...

  • 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.

  • WASHINGTON, Feb 17- Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to pay much more for coverage or lose their health insurance. In response to Reuters' queries, spokespeople for the...

  • 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.

  • 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.

  • 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.