A conflicting land use problem exists in parts of New Mexico where prime potash deposits are underlain by oil and natural gas reservoirs. These resources can not be developed at the same location simultaneously. This BusinessWeek article explores the…More at BusinessWeek.com.
New Mexico Gas
“Helium is produced by the decay of uranium and thorium in granitoid basement rocks. The liberated helium is buoyant and moves towards the surface in porosity associated with basement faults. The helium then moves upwards through porous sedimentary cover until it is trapped with natural gas under beds of anhydrite or salt.” Quoted from the Geology.com article.More at Geology.com.
The Marshall University Center for Business and Economic Research has prepared: Taxation of Natural Gas: A Comparative Analysis. This publication reviews the many methods of taxing natural gas 19 different states. You might be surprised at how many …More at Marshall University Center for Business and Economic Research.