Biden’s conservation plan could have big impacts in New Mexico

President Joe Biden’s recent plan to conserve federal public lands across the country could have major impacts on New Mexico and local communities throughout the state, activists said, especially in the southeast Permian Basin region known for heavy oil and gas extraction.

New Mexico depends on revenue from the oil and gas industry for about a third of its budget, and more than half of the activity occurs on federal lands – mostly in Permian in Eddy and Lea counties.

The Biden administration already established a halt on new federal leases when the President took office in January, as the Department of the Interior embarked on a review of its federal fossil fuels programs.

More:New Mexico nets record-breaking $109 million in April oil and gas production on state land