‘Booming’ Oil Industry Leads to Infrastructure Upgrade in New Mexico

June 21, 2019

The Associated Press reported that New Mexico’s “booming” Permian Basin is getting a $5 million upgrade because of the increased demand from the local oil industry. From the article: “The improvements call for doubling the expansion of the holding area for flight patrons and renovating the apron area on the airside of the terminal. They also including upgrading a runway safety area and extending the primary runway. Officials say increased ridership is spurring the recommended improvements.” This airport upgrade shows the unintended benefits — and consequences— of tampering with energy jobs. When the industry is allowed to grow without unnecessary regulations, there are…