DALLAS – The federal government would have to remain closed for about four weeks before New Mexico state revenues from the oil and gas industry are impacted, according to the New Mexico Oil and Gas Association.

While the permitting process is halted by the shutdown, state revenues have not yet begun to suffer, the trade association said.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.