Uploaded June 2026 | Updated September 2026, 2 weeks ago
5.29.26 – The price of oil has skyrocketed this year due to the Trump administration's ongoing war in Iran and fraught access to the critical Strait of Hormuz. And while New Mexicans have been feeling the squeeze at the gas station, the state of New Mexico has been quietly reaping millions in new revenue as the nation's second highest producer of crude oil. It's a difficult puzzle for the primary election's crop of Democratic candidates who oppose the war, yet might want to use those wartime profits if elected as governor. Charles Sallee, director of the Legislative Finance Committee, and Trip Jennings, executive director of New Mexico In Depth, join Nash in the studio to break down the monetary and political impacts of the ongoing oil price fluctuations.
Host:
Nash Jones
Guests:
Charles Sallee, Director, Legislative Finance Committee
Trip Jennings, Executive Director, New Mexico In Depth
For More Information:
apnews.com/article/new-mexico-strait-hormuz-oil-haaland-bregman-79d4fe226494eb79aca6b4bb92e5c6a0
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5.29.26 – The price of oil has skyrocketed this year due to the Trump administration's ongoing war in Iran and fraught access to the critical Strait of Hormuz. And while New Mexicans have been feeling the squeeze at the gas station, the state of New Mexico has been quietly reaping millions in new revenue as the nation's second highest producer of crude oil. It's a difficult puzzle for the primary election's crop of Democratic candidates who oppose the war, yet might want to use those wartime profits if elected as governor. Charles Sallee, director of the Legislative Finance Committee, and Trip Jennings, executive director of New Mexico In Depth, join Nash in the studio to break down the monetary and political impacts of the ongoing oil price fluctuations.
Host:
Nash Jones
Guests:
Charles Sallee, Director, Legislative Finance Committee
Trip Jennings, Executive Director, New Mexico In Depth
For More Information:
apnews.com/article/new-mexico-strait-hormuz-oil-haaland-bregman-79d4fe226494eb79aca6b4bb92e5c6a0
--
This program is made possible by viewers like you. Support NMPBS: bit.ly/nmpbs-donate
Subscribe to the New Mexico in Focus channel for more clips: youtube.com/@nminfocus
Enjoy full episodes of your favorite NMPBS shows anytime, anywhere with the free PBS App: portal.knme.org
Follow New Mexico in Focus
Instagram: instagram.com/nm_in_focus
Facebook: facebook.com/NewMexicoPBS
X: https://x.com/NMinFocus
