Comments on: Economic Impact of New Mexico’s Pit Rule Explained http://www.errorsofenchantment.com/2010/02/08/economic-impact-of-new-mexicos-pit-rule-explained/ Why is New Mexico not realizing its potential? Sun, 12 Feb 2012 00:23:16 +0000 http://wordpress.org/?v= hourly 1 By: Otis http://www.errorsofenchantment.com/2010/02/08/economic-impact-of-new-mexicos-pit-rule-explained/comment-page-1/#comment-8805 Otis Sun, 17 Jul 2011 13:39:17 +0000 http://www.errorsofenchantment.com/?p=1902#comment-8805 As of July 16, 2011 the drilling activity in New Mexico is UP 17.1%. This is according to the Hughes Baker Rig Count which is the sterling standard in the O&G industry. As of July 16, 2011 the drilling activity in New Mexico is UP 17.1%. This is according to the Hughes Baker Rig Count which is the sterling standard in the O&G industry.

]]> By: Michael http://www.errorsofenchantment.com/2010/02/08/economic-impact-of-new-mexicos-pit-rule-explained/comment-page-1/#comment-6047 Michael Tue, 01 Feb 2011 06:13:00 +0000 http://www.errorsofenchantment.com/?p=1902#comment-6047 The issue of the pit rule reminds me alot of the addage, "If you think education is expensive, try ignorance." If you think requiring oil & gas producers to line the open pits they dump noxious chemical-laden waste into is expensive, how expensive will it be to clean up the polluted groundwater fouled by seeping waste? I can guarantee it will be much more. Are you really advocating for the sacrifice of what is easy and common sense prevention of a future significant problem for the short-term feel-good benefit of the economy??? Where is the long-term vision here? "In a constant search for policies that are sensible," I would not include Mr. Maxey's assessment nor would I trust his "far superior understanding of the oil and gas industry and how public policy impacts ...." as he has no objectivity in this case owning part of an oil production company, incorporated in TX no less, and boasts of working for Chevron USA which has done grievous harm to the wilds and people of Ecuador with their pit practices there. The issue of the pit rule reminds me alot of the addage,
“If you think education is expensive, try ignorance.”

If you think requiring oil & gas producers to line the open pits they dump noxious chemical-laden waste into is expensive, how expensive will it be to clean up the polluted groundwater fouled by seeping waste?
I can guarantee it will be much more.

Are you really advocating for the sacrifice of what is easy and common sense prevention of a future significant problem for the short-term feel-good benefit of the economy???
Where is the long-term vision here?

“In a constant search for policies that are sensible,” I would not include Mr. Maxey’s assessment nor would I trust his “far superior understanding of the oil and gas industry and how public policy impacts ….” as he has no objectivity in this case owning part of an oil production company, incorporated in TX no less, and boasts of working for Chevron USA which has done grievous harm to the wilds and people of Ecuador with their pit practices there.

]]>