IT MAY BE A FEW MONTHS BEFORE WE KNOW THE ECONOMIC IMPACT OF THE WINTER STORM THAT HIT SOUTHEAST NEW MEXICO RIGHT AFTER CHRISTMAS. THAT’S CERTAINLY THE CASE FOR THE OIL AND GAS INDUSTRY. WALLY DRANGMEISTER WITH THE OIL AND GAS ASSOCIATION SAYS PRODUCTION FIGURES FOR DECEMBER WON’T BE KNOWN FOR A WHILE.
BUT, BASED ON ANECDOTAL EVIDENCE, THERE COULD BE A SMALL TO MODERATE DROP IN PRODUCTION DUE TO THE STORM.
