In March, New Mexico's oil and gas industry hit new monthly records, producing 36.5 million barrels oil and 188 trillion cubic feet of natural gas, said Dawn Iglesias, the committee's chief economist. 

Reuters reported Chief Executive Officer Ignacio Galán and three other Iberdrola executives will be investigated for alleged bribery, breach of privacy and fraud in commercial documents.

The state Public Regulation Commission turned down a power storage proposal Wednesday by two heavyweights — Facebook and Public Service Company of New Mexico — and told them to work out a different plan.