New Mexico is light years ahead of Texas in regulations to protect the environment and citizens from dangerous drilling practices.
They also provide some interesting numbers:
Despite record profits, Big Oil will receive 33 billion in handouts from taxpayers over the next 5 years.
$23.3 billion in tax loopholes
$3.8 billion in royalty rollbacks
$1.6 billion in R&D subsidies
$4.3 billion through accounting gimmicks
Add to that, broad exemptions from our federal environmental laws, and penaltkes that are nonexistent or very forgiving and it makes a sweet ride for Big Oil.
These things we must change.