State Representative Bill Sharer (R-Farmington) expressed his concerns on Friday that the potential enactment of HB 133 could spell disaster for the oil and gas sector in New Mexico. During a hearing, Sharer startled attendees with his predictions about the bill's possible impact on this vital industry. The alarming complexities of the Water Reuse issue were central to discussions. Picture below shows Sharer speaking at the hearing.
1. State Representative Bill Sharer (R-Farmington) voiced concerns over the potentially harmful impact that the enactment of HB 133 could have on New Mexico's oil and gas industry.
2. During a hearing on Friday, Sharer stressed upon the significant role the oil and gas sector plays in New Mexico's economy, implying that any negative change could have wider economic implications.
3. The representative used a stark photograph to visually back his argument and give a real sense of the potential disaster.
4. Concerns were also raised about new water reuse technology in industrial practices, which, despite potential economic and environmental benefits, carries its own set of risks.
5. The proposed HB 133 and the complexities of the Water Reuse issue became the central topic of discussion at the hearing.
According to Sharer, the passing of HB 133 could result in estimated losses of up to $2 billion annually for New Mexico's oil and gas industry.
In his robust objection to HB 133, Bill Sharer, a Republican representative from Farmington, raised concerns over the potentially devastating effects the bill could have on New Mexico's oil and gas industry. The hearing, held on Friday, provided a platform for such voices to be heard. Sharer further substantiated his argument by highlighting the indispensable role that these industries play in the state's economy. His stark warning came embedded in a stark photograph that was circulated as a courtesy. Additionally, the discussion touched on the controversial topic of water reuse, a new technological approach in industrial practices which could promised both economic and environmental positives, yet carries its own set of potential risks.