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Susana Martinez on Energy & Oil

 

 


Diversify so we're not at mercy of federal government

One year ago, I warned about the impacts of lost oil and gas revenue. We all know the cause of the crisis. We've been at the mercy of the federal government and an unpredictable oil and gas market. We have been among the top five most dependent states on the federal government. Oil and gas revenues make up a third of our budget. It's been this way for decades and we won't change it overnight. But we must continue diversifying our economy and restraining the size of government.

When sequestration hit, we got an up-close look at what can happen when we are too reliant on federal government spending, and now we're seeing it with oil and gas. In just a year and a half, oil prices dropped 71 percent. That hit us hard. We lost over 11,000 oil and gas jobs. Despite those losses, we added over 30,000 private sector jobs. That's a direct result of choosing reforms: We are diversifying our economy and laying a strong foundation for private-sector growth.

Source: 2017 State of the State address to New Mexico Legislature , Jan 17, 2017

Eliminate gross receipts tax on locomotive fuels

Early last year, I came before you to ask that we eliminate the gross receipts tax on locomotive fuels to level the playing field with Texas. I promised that if we did that, Union Pacific would locate in New Mexico. We came together in a bi-partisan manner and eliminated that tax.

And Union Pacific is now in New Mexico, creating 3,000 jobs building their new facility and over 600 permanent jobs. TE Connectivity is now leaving El Paso and moving to Santa Teresa, creating up to 200 jobs. It's a similar story with Alaska Structures, which also moved operations here from El Paso.

In fact, a Texas newspaper has seen what we've done, and they're worried--they said so in an editorial. Texas is worrying about New Mexico stealing their jobs. My friends, the more they worry, the better we're doing.

Source: 2012 New Mexico State of the State Address , Jan 17, 2012

Cap-and-Tax does not move us toward a cleaner environment

The very first executive order I signed created a small business task force to review regulations over the next 90 days. We will maintain common-sense protections for consumers, workers and our environment. Rational regulations will remain, but irrational red tape will be cut. To be clear, regulations such as Pit Rule 17 and Cap-and-Tax do not move us toward a cleaner environment. Instead, they move jobs to the other side of the state line. New Mexico is a beautiful state and protecting the environment and developing our natural resources are not mutually exclusive goals. We can achieve both and we must achieve both. But that requires basing environmental regulations on sound science--not on political ideology.
Source: 2011 New Mexico State of the State Address , Jan 18, 2011

Letter to Congress supporting renewable energy tax credit.

Martinez signed American Renewable Energy Production Tax Credit Extension

Congressional Summary:Amends the Internal Revenue Code to extend through 2016 the tax credit for electricity produced from wind, biomass, geothermal or solar energy, landfill gas, trash, hydropower, and marine and hydrokinetic renewable energy facilities.

Proponent's Comments (Governor's Wind Energy Coalition letter of Nov. 15, 2011 signed by 23 governors):Although the tax credit for wind energy has long enjoyed bipartisan support, it is scheduled to expire on Dec. 31, 2012. Wind-related manufacturing is beginning to slow in our states because the credit has not yet been extended. If Congress pursues a last minute approach to the extension, the anticipated interruption of the credit's benefits will result in a significant loss of high-paying jobs in a growing sector of the economy. We strongly urge Congress to adopt a more consistent and longer-term federal tax policy to support wind energy development, such as H.R. 3307.

The leading wind project developers and manufacturers are slowing their plans for 2013 and beyond due to the current uncertainty. The ripple effect of this slow down means reduced orders for turbines and decreased business for the hundreds of manufacturers who have entered the wind industry in our states. When Congress allowed the tax credit to expire in 1999, 2001, and 2003, the development of new wind installations dropped significantly, between 73% and 93%, and thousands of jobs were lost. Providing renewable energy tax credits in order to provide consistency with conventional energy tax credits is the right policy to move the nation forward in an energy sector that offers global export opportunities and the ability to modernize a segment of our electric production infrastructure.

Source: H.R.3307 11-H3307 on Nov 2, 2011

Other governors on Energy & Oil: Susana Martinez on other issues:
NM Gubernatorial:
Gary Johnson
Gary King
John Sanchez
Michelle Lujan Grisham
NM Senatorial:
Allen Weh
David Clements
John Sanchez
Martin Heinrich
Tom Udall

Gubernatorial Debates 2017:
NJ: Guadagno(R) vs.Phil Murphy(D, won 2017 primary) vs.Ray Lesniak(D, lost 2017 primary) vs.Mayor Steve Fulop(declined Dem. primary, Sept. 2016) vs.Lesniak(D) vs.Wisniewski(D) vs.Ciattarelli(R) vs.Rullo(R)
VA: Gillespie(R) vs.Perriello(D) vs.Wittman(R) vs.Wagner(R) vs.Northam(D)
Gubernatorial Debates 2018:
AK: Walker(i) vs.(no opponent yet)
AL: Kay Ivey(R) vs.Countryman(D) vs.David Carrington (R) vs.Tommy Battle (R)
AR: Hutchinson(R) vs.(no opponent yet)
AZ: Ducey(R) vs.David Garcia (D)
CA: Newsom(D) vs.Chiang(D) vs.Villaraigosa(D) vs.Delaine Eastin (D) vs.David Hadley (R) vs.John Cox (R) vs.Zoltan Istvan (I)
CO: Ed Perlmutter (D) vs.Johnston(D) vs.Mitchell(R) vs.Cary Kennedy (D) vs.George Brauchler (R) vs.Doug Robinson (R)
CT: Malloy(D) vs.Drew(D) vs.Srinivasan(R) vs.David Walker (R)
FL: Gillum(D) vs.Graham(D) vs.Mike Huckabee (R) vs.Adam Putnam (R)
GA: Kemp(R) vs.Casey Cagle (R) vs.Hunter Hill (R) vs.Stacey Abrams (R)
HI: Ige(D) vs.(no opponent yet)
IA: Kim_Reynolds(R) vs.Leopold(D) vs.Andy McGuire (D) vs.Nate Boulton (D)
ID: Little(R) vs.Fulcher(R)
IL: Rauner(R) vs.Kennedy(D) vs.Pawar(D) vs.Daniel Biss (D) vs.J.B. Pritzker (D)
KS: Brewer(D) vs.Wink Hartman (R)
MA: Baker(R) vs.Gonzalez(D) vs.Setti Warren (D) vs.Bob Massie (R)
MD: Hogan(R) vs.Alec Ross (D) vs.Richard Madaleno (D)
ME: (no candidate yet)
MI: Whitmer(R) vs.El-Sayed(D) vs.Tim Walz (D)
MN: Coleman(D) vs.Murphy(D) vs.Otto(D) vs.Tina Liebling (DFL) vs.Tim Walz (DFL) vs.Matt Dean (R)
NE: Ricketts(R) vs.(no opponent yet)
NH: Sununu(R) vs.Steve Marchand (D, Portsmouth Mayor)
NM: Grisham(D) vs.(no opponent yet)
NV: Jared Fisher (R) vs.(no opponent yet)
NY: Cuomo(R) vs.(no opponent yet)
OH: DeWine(R) vs.Schiavoni(D) vs.Sutton(D) vs.Taylor(R) vs.Jim Renacci (R) vs.Jon Husted (R) vs.Connie Pillich (D)
OK: Gary Richardson (R) vs.Connie Johnson (D)
OR: Brown(D) vs.Scott Inman (D)
PA: Wolf(D) vs.Wagner(R)
RI: Raimondo(D) vs.(no opponent yet)
SC: McMaster(R) vs.McGill(R) vs.Pope(R)
SD: Noem(R) vs.Jackley(R)
TN: Green(R) vs.Dean(D)
TX: Abbott(R) vs.(no opponent yet)
VT: Scott(R) vs.(no opponent yet)
WI: Walker(R) vs.Harlow(D)
WY: (no candidate yet)
Newly-elected governors (first seated in Jan. 2017):
DE-D: Carney
IN-R: Holcomb
MO-R: Greitens
NH-R: Sununu
NC-D: Cooper
ND-R: Burgum
VT-R: Scott
WV-D: Justice

Retiring 2017-18:
AL-R: Robert Bentley(R)
(term-limited 2018)
CA-D: Jerry Brown
(term-limited 2018)
CO-D: John Hickenlooper
(term-limited 2018)
FL-R: Rick Scott
(term-limited 2018)
GA-R: Nathan Deal
(term-limited 2018)
IA-R: Terry Branstad
(appointed ambassador, 2017)
ID-R: Butch Otter
(retiring 2018)
KS-R: Sam Brownback
(term-limited 2018)
ME-R: Paul LePage
(term-limited 2018)
MI-R: Rick Snyder
(term-limited 2018)
MN-D: Mark Dayton
(retiring 2018)
NM-R: Susana Martinez
(term-limited 2018)
OH-R: John Kasich
(term-limited 2018)
OK-R: Mary Fallin
(term-limited 2018)
SC-R: Nikki Haley
(appointed ambassador, 2017)
SD-R: Dennis Daugaard
(term-limited 2018)
TN-R: Bill Haslam
(term-limited 2018)
WY-R: Matt Mead
(term-limited 2018)
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Page last updated: Jul 27, 2017