Major oil and gas companies increased contributions to Democratic state candidates in New Mexico, reflecting a strategic shift in campaign donations where Democrats control legislative and executive power.
Jerry Redfern reports for Capital & Main.
In short:
- Major oil companies like Chevron and Marathon Oil gave more to Democrats than Republicans in New Mexico’s 2024 state elections, diverging from national trends.
- Total oil and gas donations still favored Republicans due to smaller donations from individuals and local businesses.
- These contributions highlight the industry's effort to maintain influence in a state with strict oil and gas regulations and significant Democratic control.
Key quote:
“Money buys access. But what money does most importantly is it protects your allies."
— Michael Rocca, political scientist, University of New Mexico
Why this matters:
Oil and gas donations reflect the industry's strategic alignment with power, raising concerns about regulatory enforcement and political influence. In New Mexico, this underscores the tension between environmental priorities and economic reliance on fossil fuels.
Related: New Mexico's legislative push for oil and gas reform
