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Blue State New Mexico Will Lose Thousands Of Jobs Because Of Biden’s Pause On Oil


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The old proverbial  “be careful what you wish for” is haunting New Mexico right now.

New Mexico residents who gave their votes to Biden in the 2020 election are quickly regretting it, due to the fact Biden has enacted a 60-day moratorium on all oil and gas-related actions on federal lands.

The halt on drilling permits and gas leases will take away thousands of jobs and damage New Mexico’s economy tremendously.

The AP News got the full scoop:

Joe Biden’s 60-day moratorium on new oil and natural gas leases and drilling permits is prompting widespread concerns in New Mexico, where spending on education and other public programs hinges on the industry’s success.

Top Republicans in the state as well as local leaders in communities that border the Permian Basin — one of the most productive regions in the U.S. — say any moves to make permanent the suspension would be economically devastating for the state. Half of New Mexico’s production happens on federal land and amounts to hundreds of millions of dollars in royalties each year.

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“During his inauguration, President Biden spoke about bringing our nation together. Eliminating drilling on public lands will cost thousands of New Mexicans their jobs and destroy what’s left of our state’s economy,” Carlsbad Mayor Dale Janway told The Associated Press on Friday. “How does that bring us together? Environmental efforts should be fair and well-researched, not knee-jerk mandates that just hurt an already impoverished state.”

Forbes chipped in too:

Officials in the state of New Mexico professed to be taken aback last week by President Joe Biden’s day-one decision to impose a 60-day moratorium on all oil and gas-related leasing and permitting actions on federal lands. It is a decision that will have major ramifications on the state budgets of New Mexico and other Western states, especially if it is extended beyond its initial term and backed up by Biden’s promised ban on hydraulic fracturing on federal lands.

Liberals in New Mexico are realizing that voting for Biden will literally run their state into poverty.

The Biden administration doesn’t care about the American people, they just simply want to cripple states to depend on the federal government even more.



 

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