The purpose of this act [70-11-1 to 70-11-6 NMSA 1978] is to protect the economic well-being of New Mexico’s interstate natural gas markets and revenues derived from those markets by conducting economic and legal studies of the federal energy regulatory commission and regulatory agencies and local distributing companies lying outside New Mexico and by authorizing […]
There is created the “office of interstate natural gas markets” to be located in the energy, minerals and natural resources department. The office shall: A. conduct economic and legal studies of the interstate natural gas markets, of the trade policies and practices of the federal energy regulatory commission and regulatory agencies and local distributing companies […]
There shall be a director for the office of interstate natural gas markets. The director shall be experienced in the areas of natural gas resources and marketing and may be the director of natural gas programs. History: Laws 1989, ch. 189, § 3.
The director is responsible for the operation of the office of interstate natural gas markets. It is the director’s duty to manage all operations of the office and to administer and enforce the provisions of Section 2 [70-11-2 NMSA 1978] of this act and the purposes outlined in Laws 1988, Chapter 27, Section 3. History: […]
A. A “technical advisory committee” to the office of interstate natural gas markets is created. The committee shall consist of four members as follows: (1) the secretary of energy, minerals and natural resources or his designee; (2) the director of natural gas programs or his designee; (3) the commissioner of public lands or his designee; […]
ANNOTATIONS Repeals. — Laws 1991, ch. 65, § 1 repeals 70-11-6 NMSA 1978, as enacted by Laws 1989, ch. 189, § 6, relating to termination of the article on June 30, 1991, effective June 14, 1991. For provisions of former section, see 1989 Cumulative Supplement.
A. The legislature finds that: (1) the natural gas industry is an important contributor to the New Mexico economy, as a significant source of both employment and direct state revenues; (2) New Mexico ranks second among the states in onshore natural gas reserves and will likely continue to be a major producer of natural gas […]
A. The energy, minerals and natural resources department and the economic development department shall jointly study the need for additional natural gas pipelines to transport natural gas produced in New Mexico to additional markets. The study shall include: (1) the economic feasibility of the proposed pipeline; (2) the necessity of the proposed pipeline; and (3) […]
