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Dr. Van D. Romero Vice President

Dr. Van D. Romero Vice President. New Mexico Higher Education Funding Formula. Definition of equation terms: D = Total amount of funding generated by the formula i = Institution Base = Base I&G Budget U = Market utilities adjustment

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Dr. Van D. Romero Vice President

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  1. Dr. Van D. Romero Vice President

  2. New Mexico Higher Education Funding Formula Definition of equation terms: D = Total amount of funding generated by the formula i = Institution Base = Base I&G Budget U = Market utilities adjustment W = Weight (45% of completed SCH, 2% total awards, 3% workforce, 3% at-risk) O = Outcome C = Cost to produce each increment of outcome S = Institutional Share (LGPF, statutory mill levy change) a = Completed student credit hours b = Total number of certificates and degrees awarded in 2009-2010 c = Total workforce awards in 2009-2010 d = Total awards to at-risk students in 2009-2010 n = Number of institutions in a sector s = Sector

  3. Comparative Emissions

  4. Comparative Generation Efficiency Source: American Clean Skies

  5. Economic Development Source: EIA, 2008

  6. The Challenge Technically  Economically Recoverable Recoverable

  7. New Mexico’s Terrestrial Energy Resources Source: NM Bureau of Geology & Mineral Resources

  8. New Mexico Gas Production is Stable… but only because of coal-bed methane production

  9. Technology Play New Mexico was 4th in natural gas production in 2008 and 6th to 8th in oil production over the past 3 years. New Mexico rivals Colorado and Wyoming as the Nation’s top coalbed methane producer, and about one-third of all natural gas produced in New Mexico is coalbed methane.

  10. U.S. Natural Gas Shale Basins Align with Pipeline Grid Source: EIA, US Natural Gas Pipeline

  11. 2000 – 2010 Annual Shale Gas Production Rates and Natural Gas Prices

  12. Oil & Gas Consortium EPAct of 2005 Current Members Pending Members Member list by state on back Updated 5/18/10

  13. Regulation and Opposition

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