Thu. Jul 25th, 2024

$475 MILLION DOLLARS IN ONE-TIME AND RECURRING FUNDS FROM OIL AND GAS REVENUE

CLOVIS (KSMX)- If current projections hold true, New Mexico stands to take in $1.1 to $1.3 million from gas and oil revenue. This will translate to about $475 million in one-time and recurring funds. The state transportation committee released those figures earlier this week. State Senator Pat Woods says that could mean more jobs for local contractors and local workers in Eastern New Mexico.

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