Taking a Look at Our Extraction Industries!
New Mexico businesses— whether directly engaged in the energy industry or not— should be wary of proposed policy changes supposedly targeted at energy companies. If enacted, these laws would actually harm users of energy (residential as well as business users). The...read more
Have you noticed that politicians are constantly talking about gasoline prices? As the 2006 election approaches, claims and counterclaims about the cause of high gasoline prices are becoming more intense. But the din of political opportunism has trumped sound economic...read more
The hysteria surrounding the spike in gasoline prices has risen to the level of the late 1970s and early 1980s "oil-crisis" madness. Most of the media is actively participating in the doomsday chorus, and the House of Representatives recently voted 389-34 to make...read more
Drilling for Votes: N.M.’s Representatives in Washington Have No Business Accusing Big Oil of Price Gouging
Price gouging can be defined as "pricing above the market when no alternative retailer is available." Sure, gas prices are higher than most of us might like, but this recent talk about collusion among oil companies to gouge consumers is rubbish, and our elected...read more
a. The Issue of Electric-Power Deregulation PNM successful campaign to pull the plug on the state Legislature's plan to deregulate electric utilities in 2007 portends nothing but high prices in the long run. Our politicians should study the California's...read more