How the Oil and Gas Industry Is Trying to Hold US Public Schools Hostage

04 May 2022 | Abstracted from The Guardian

"Industry attempts to convince New Mexicans that the state's public education system is wholly dependent on oil and gas are based on a tough truth: decades of steep tax cuts have indeed positioned fossil fuels as the thunder behind Democratic-led New Mexico's economy. In 2021, 15% of the state's general fund came from royalties, rents and other fees that the Department of Interior collects from mineral extraction on federal lands. Oil and gas activity across federal, state and private lands contributes around a third of the state's general fund of $7.2bn, as well as a third of its education budget."

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