Jan. 27 - Economist Janie Chermak on Oil-Dependent New Mexico

The crash in global oil prices has hurt Russia, Iran and Venezuela, countries that were already in economic trouble, and are heavily dependent on oil and gas revenues to cover their budgets. Does that also describe New Mexico? UNM oil economist Janie Chermak told Dave Marash on Here and There that it does, and that the fall in energy prices is hitting the Land of Enchantment right in its state budget. For the AtNoon excerpt of this interview, Click Here. For a full podcast of this episode of Here and There, Click Here.