The top story in today’s Albuquerque Journal (competing with a story about the adorable newborn Asian elephant at the Rio Grande zoo) is about natural gas prices. Specifically, that natural gas prices dropped this week to a seven-year-low.
Journal reporter Mike Hartranft’s opened the story this way:
Here’s some good economic news for a change.
And while consumers may be paying less this winter to heat their homes — that’s the good news — what Hartranft doesn’t mention is how lower natural gas prices could worsen the state’s ongoing budget woes. That’s the unmentioned bad news. The state of New Mexico is traditionally very dependent on taxes and royalties from oil and gas production for its operating revenue stream, a steam that will ebb lower courtesy of lower natural gas prices.
In other news, the Farmington Daily-Times reports on a former National Rifle Association leader’s visit to the San Juan Country Club on Thursday. Speaking to the Four Corners Federated Republican Women, Sandra Froman said that she expects more court battles over gun rights. Froman, the story notes, is one of only two female presidents of the NRA in its 138-year-history.
Las Cruces Sun-News has a story on the firing of undersheriff Art Vega in Grant County. Coming as a complete surprise to someone with 23 years with the department, there’s apparently much more to the situation.
Going further south, the El Paso Times writes on a recent attack considered to be Ciudad Juarez’s “worst multiple shooting yet.” Drug trafficking groups are predictably being blamed for a grisly massacre of 18 people at a Juarez drug rehab center.
And lastly, the Roswell Daily Record highlights local Roswell voices concerning the recent announcement by Gov. Richardson regarding the state’s budget gap. It’s safe to say that a large amount of skepticism surrounds the subject of proposed budget cutting.
NMI’s Danielle Bauer contributed to this post.