18-09-2024 20:13 via krqe.com

Economists present New Mexico's long-term revenue forecast

NEW MEXICO (KRQE) – Economists went before lawmakers on Tuesday to share long-term projects for New Mexico's revenue.Special Collections Public Library in Albuquerque listed on National Register of Historic PlacesThe oil and gas industry brought in $15.2 billion last year. Experts say the rise of electric vehicles could cause oil and gas revenue to decrease over the next 15 years, leaving investment earnings to take over as the main contributor to the state's general fund by 2040.
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