NEW!
Enter a word or phrase
below to search Artesia360
Enter a word or phrase
below to search Artesia360
NEWS:
Volume 5, Number 30
March 17, 2010
March 17, 2010
Your contributions, comments
& suggestions are welcome.
Please click News to email us.
& suggestions are welcome.
Please click News to email us.
Artesia360.com
 | |  | |  | |  | |  | |  | |  | |  | |  | |  |
Special weather information
provided by:
Wendell L. Malone,
Area Skywarn Coordinator
Eddy & Culberson counties
provided by:
Wendell L. Malone,
Area Skywarn Coordinator
Eddy & Culberson counties
| THE WEATHER BOX Please log onto Wendell Malone's blog at www.senmwx.com and click on the link in the right hand column titled "MyOwnRadar". THE FORECAST Today: Sunny, with a high near 72. Calm wind becoming east around 5 mph. Tonight: Mostly clear, with a low around 33. East wind around 5 mph becoming south. Thursday: Sunny, with a high near 72. South wind between 5 and 15 mph, with gusts as high as 20 mph. Thursday Night: Mostly clear, with a low around 37. South wind between 10 and 15 mph, with gusts as high as 20 mph. Friday: Sunny, with a high near 76. Southwest wind 10 to 15 mph increasing to between 20 and 25 mph. Winds could gust as high as 30 mph. Friday Night: Partly cloudy, with a low around 36. Saturday: Mostly sunny, with a high near 47. Saturday Night: Partly cloudy, with a low around 27. Sunday: Sunny, with a high near 58. Sunday Night: Partly cloudy, with a low around 33. Monday: Mostly sunny, with a high near 73. Monday Night: Mostly clear, with a low around 42. Tuesday: Mostly sunny, with a high near 75. |
| The United States government's national threat level is Elevated, or Yellow. The U.S. threat level is High, or Orange, for all domestic and international flights. Only small amounts of liquids, aerosols and gels are allowed in carry-on baggage. See the Transportation Security Administration (TSA) website for up-to-date information on items permitted and prohibited on airlines. |
'Green buildings' bill signed into law
SANTA FE - While much of the focus at the New Mexico legislature this
year was on cutting spending or raising taxes to stop budget bleeding, at
least one bill signed into law by Governor Bill Richardson last week looks
to make investments now that could pay off down the road, both for New
Mexico's economy and for the environment. The new law requires new or
renovated public buildings over 3,000 square feet to meet energy
efficiency standards.
Dan Lorimier with the Rio Grande chapter of the Sierra Club says it's a
small down payment that will pay big dividends for New Mexico
communities in years to come.
"Over the course of the building's life, it can save hundred of thousands
of dollars, obviously depending on the size of the building. And so this is
of huge benefit to communities whose budgets have to hold the
operating expenses of those public buildings."
Lorimier says the law might mean a one to two percent increase in
upfront design and building costs, but the energy savings over just a few
decades could easily be ten times as much.
"Even in these dire economic times, both Republican and Democratic
legislators readily understood that we need public buildings that save us
money rather than waste our money."
He says the bill was one of the few pro-active measures taken by the
legislature this year, and the rough economy actually helped it through
because it made the potential savings that much more attractive. Lorimier
says conservation groups like his also like the positive impact the law will
have on reducing climate change pollution.
Eric Mack, Public News Service - NM
APD Child Safety Fair Saturday
ARTESIA -- The Artesia Police Department presents its second annual
Child Safety Fair Saturday, March 20 from 10 a.m. to 2 p.m. at
Guadalupe Park.
On hand will be booths sponsored by the APD, the Artesia Fire
Department, law enforcement agencies from around the Pecos Valley
and other groups and businesses that will provide information and
resources aimed at keeping your child and family safe and healthy.
Special children's shows will be presented throughout the day and there
will be a special gift prize giveaway at 2 p.m.
So make plans now to attend a day filled with music, games, food and fun.
NM budget deal details emerge, report looks at other
revenue options
SANTA FE - (New Mexico News Service) -- More details of a reported
budget deal emerged as lawmakers made their way back to Santa Fe for
the special session that began Monday. They include a funding cut of
about two percent for most state agencies for next year, and a one-
percent cut to public education funding, on top of cuts made in previous
sessions.
New revenue sources, including an increase in the gross receipts tax and
cigarette tax, are also said to be on the table, although a report by the
Institute on Taxation and Economic Policy says this combination of cuts
and taxes would be felt the most by low-income families.
Matt Gardner, the Institute's executive director, calls for a proper balance.
"If the goal is to make New Mexico's tax system less imbalanced and less
unfair, then they really ought to be looking more at income-tax-based
solutions and less at sales-tax solutions."
Gardner says New Mexico has an unusually large tax break in place on
capital gains, which takes away funds that the state could be using to fill
in gaps.
"This is just cutting a big hole out of your income tax base, and it offers
little or no benefit to the vast majority of low- and middle-income
taxpayers. So that seems like a pretty obvious candidate; close that
loophole, treat all income the same way."
He says a proposed surtax on the highest-earning New Mexicans is one
way to address the budget gap without hurting lower-income households
that are already struggling. Opponents of the surtax say it could hurt the
overall economy, but Gardner calls it more fair than most of the other
options available.
Gardner says if lawmakers do end up hiking the gross receipts tax or
'GRT,' the impact on working families should be offset by increasing low-
income tax credits.
"The earned income tax credit, or a sales-tax credit - y'know, this is a
good, targeted way of making these inherently unfair GRT hikes a little
bit less unfair."
Proponents of the increase believe it is the fairest way to deal with the
budget shortfall, but Gardner disagrees. He sees it as a regressive tax
that only adds to the overall unfairness of tax policy in the state.
Burch returned as mayor of Artesia, Torrez defeated in Dist. 2
ARTESIA -- Artesia voters Tuesday approved serving Mayor Phil Burch
for a four-year term, while incumbent District 2 councilor Tony Torrez was
defeated by challenger Jose Luis Aguilar.
Burch was serving out the term of the late Manuel Madrid. Garnering
more than 600 votes, he defeated write-In candidate Beverly Sweatt, who
received more than 100. In the District 2 contest, Aguilar got 113 votes
to Torrez' 80.
In District Four, incumbent Terry Hill defeated Don Rindahl by a count of
214 to 19. Raul Rodriguez, Nora Sanchez and Kent Allen Bratcher were
unopposed in Tuesday's election.
All election results are unofficial until they can be confirmed by an official
canvass today.
Information courtesy of KSVP AM 990
2 dead, 2 injured in Navajo refinery fire
ARTESIA (From the N.M. Newsline) -- Authorities say two employees at
the Navajo oil refinery in Artesia are dead and two others critically injured
after a storage tank exploded into flames.
Artesia police say warning sirens sounded just before 1 p.m. Tuesday at
the Navajo Refinery. Emergency crews arrived and were able to contain
the fire a short time later.
Authorities say two employees, both from Texas, died from injuries
sustained in the explosion. Two other workers were airlifted to the
Lubbock Hospital in Texas, where authorities say they remain in critical
condition.
No names were released.
Authorities say the explosion's cause remains unclear and it remains
under investigation.
Mayoral candidate reports theft of campaign signs
ARTESIA -- With mere hours before the election for Artesia’s mayor
occurs, a candidate reported the theft of several of his campaign signs.
Incumbent Mayor Phil Burch reported that sometime on Saturday an
unknown person or persons took approximately 70 yard-sized campaign
signs from around the city. The signs were posted in his supporter’s
yards, an Artesia Police Department news release stated.
As of the time of the release, write-in candidate Beverly Sweatt had not
reported any thefts of or damage to her campaign material.
The theft or defacement of campaign signs is unlawful and can carry a
penalty of a maximum of 90 days in jail and/or a $500 fine.
A citizen with information about any crime should call 911 if it is in
progress. If a citizen wishes to report a crime that has already occurred
they should call (575) 616-7155. If they wish to speak directly to an
Artesia Police Department representative with information about a crime
or any other questions concerning the Department itself they can call
746-5000. Crimes can be reported anonymously by calling Crime
Stoppers at 748-2323 or sending a simple text message to 513-0792.
Holly Corp reports net stockholder loss for 2009
DALLAS, Texas -- Holly Corporation today reported a net loss
attributable to stockholders of $40.6 million ($0.79 per basic and
diluted share) for the fourth quarter of 2009 compared to a net income of
$50.6 million ($1.02 per basic and $1.01 per diluted share) for the same
period of 2008.
For the year ended December 31, 2009, net income attributable to Holly
Corporation stockholders was $19.5 million ($0.39 per basic and diluted
share) compared to $120.6 million ($2.40 per basic and $2.38 per diluted
share) for the year ended December 31, 2008.
On Dec.1, 2009, Holly Energy Partners sold its 70% interest in Rio
Grande Pipeline Company (“Rio Grande”). As a result, Rio Grande’s
operating results and a gain on the sale are presented in discontinued
operations. Excluding the gain on this sale and earnings from
discontinued operations, the loss attributable to Holly Corporation
stockholders from continuing operations for the fourth quarter of 2009
was $43.8 million ($0.85 per basic and diluted share) compared to
income from continuing operations of $50.2 million ($1.01 per basic and
$1.00 per diluted share) for the same period of 2008. For the year ended
December 31, 2009, net income attributable to Holly Corporation
stockholders from continuing operations was $15.2 million ($0.30 per
basic and diluted share) compared to $119.2 million ($2.37 per basic and
$2.36 per diluted share) for the year ended December 31, 2008.
Net income attributable to our stockholders for the fourth quarter and
year ended Dec. 31, 2009 decreased by $91.1 million and $101 million,
respectively, compared to the same periods of 2008. These decreases
were principally due to industry-wide, significantly reduced refinery
gross margins in the fourth quarter of 2009 compared to the fourth
quarter of 2008. Overall refinery gross margins for the quarter were
$3.67 per produced barrel, a 69% decrease compared to $12.01 for the
fourth quarter of 2008, and for the year ended Dec. 31, 2009 were $7.21
per produced barrel, a 34% decrease compared to $10.96 for the year
ended Dec. 31, 2008.
Democrat lawmakers accused of fundraising abuse
SANTA FE - A report by an Albuquerque TV station revealed several
New Mexico legislators engaged in improper fundraising activities during
the legislative session.
According to a KRQE Channel 13 news story by anchor Michael
Herzenberg, on special assignment at the Roundhouse, several New
Mexico Democrat legislators solicited contributions on www.ActBlue.com
during the legislative session. In addition, Rep. Jeff Steinborn, District 37,
and Rep. Ben Rodefer, District 23, were soliciting on their own. New
Mexico law prohibits the solicitation of contributions for a political purpose
during any regular or special legislative session.
Prior to the current legislative session, each legislator in the New Mexico
House and Senate received a letter of warning from Secretary of State
Mary Herrera dated October 16, 2009. The first lines of Herrera’s letter
reads, “Please be reminded that pursuant to Section 1-19-34.1 of New
Mexico Statutes Annotated, it is unlawful for legislators to knowingly solicit
contributions for a political purpose during any regular or special
legislative session.” A copy of the letter is attached.
In Herzenberg’s report, Sec. of State Herrera was quoted as saying of the
rule-breakers, “They will have to explain to me why they were on this web
site soliciting funds.”
“The law is clear and this fundraising abuse is a blatant disregard for the
law,” said Republican House Leader Tom Taylor. “It is shocking that the
legislators who were caught abusing this law were members of
leadership. For the most part, it was not rookies who made the mistake, it
was legislators who chair committees, help govern their party, and
certainly know better.”
“This latest offense is unfortunately one more incident in a long tradition
of Democrat legislators in New Mexico abusing the law. It is unfortunate
that these legislators cannot be trusted to adhere to basic laws regarding
financing, especially after all of their talk this session about ethical
behavior.” said Republican Whip Keith Gardner.
No Republican legislators were found to have violated the fundraising law.
LG supports keeping NM money in NM banks
SANTA FE - In a letter this week to Federal Reserve chairman Ben
Bernanke, Lt. Gov. Diane Denish outlined support for community banks
and the role they can play in economic recovery.
Denish said she supports using local, community banks to serve as fiscal
agents for some of the state's accounts. This would keep taxpayer
dollars in New Mexico and allow community banks, many serving rural
areas, to increase their lending during a time when credit has been
constricted.
"Now more than ever, New Mexicans need their tax dollars working hard
for them right here in New Mexico," said Denish. "While Wall Street gets
bailouts and bonuses, our local banks and credit unions have been
providing financing for families to buy homes and for small businesses to
grow and create jobs. By putting some state money into these local banks
instead of the Wall Street mega-banks, we are freeing up credit and
growing New Mexico's economy. To help turn this economy around, we
can't count on Washington or Wall Street we need to bank on New
Mexico.
"Federal fiscal policy makers need to understand that Main Street banks
did not create the sub-prime mess, they are the ones working to clean it
up by lending to their neighbors and investing in their communities,"
Denish added.
"That's why folks in Washington need to reassess the one-size-fits-all
regulations that favor Wall Street and develop ways to help local,
community banks lend more and continue their work to spur the
recovery," she said.
5 NM counties declared disaster areas
SANTA FE – In the wake of recent snow storms, Governor Bill
Richardson last week signed an executive order declaring five New
Mexico counties disaster areas. The Governor has declared Cibola,
McKinley, Rio Arriba, Sandoval and San Juan counties, as well as the
Navajo Nation, disasters and has made up to $300,000 in disaster
funding available to the affected areas.
“Recent winter weather hit northwestern New Mexico hard and the
residents of Cibola, McKinley, Rio Arriba, San Juan and Sandoval
counties and the Navajo Nation need our help,” said Richardson. “This
disaster declaration will help these counties with recovery efforts
following the record snow fall.”
During the past several weeks McKinley, Cibola, Rio Arriba, San Juan
and Sandoval counties were hit by a series of winter storms that large
amounts of snow, in excess of 4 feet in some areas, causing emergency
situations across the region. The severe winter weather made roads
impassable and in some areas food had to be brought in by 4x4’s and
helicopters. Department of Homeland Security and Emergency
Management personnel have been on the ground and in the air
assessing the damage over the past several weeks. By declaring a
disaster, the Governor’s order allows for disaster assistance program
funding for the recovery process and for infrastructure repair.
“After reviewing all of the information and seeing the scope of work that
has burdened not only New Mexico Emergency Management officials and
the counties of San Juan, Cibola, McKinley, Rio Arriba, Sandoval and the
Navajo Nation, this is the right thing to do to aid in recovery from the non-
stop snow storms the state has been hit with this winter,” said
Department of Homeland Security and Emergency Management
Secretary John Wheeler.
AG announces electronic registration for NM charities
ALBUQUERQUE - Attorney General Gary King today unveiled a new
electronic registration system for New Mexico charities and private
foundations, along with a one time 90 day late fee amnesty allowance.
"Most charities and private foundations in the state must now
electronically register and file annual financial reports with our office,"
said King. "Because the system is new and to encourage registration by
charities, we are offering amnesty so that late fees can be avoided."
If the charity or foundation is a charity or 501(c)(3) and not a school or a
church, it must be registered with the Office of the Attorney General
through the new electronic registration system at https://secure.nmag.
gov/coros/
Through May 12, 2010, if the organization has never registered with the
AG's Office, is late in filing reports or just generally needs to get up to
speed, the Office will waive all late fees. All affected organizations are
urged save needed funds for charitable work and avoid late fees by
registering within the next 90 days.
If organizations have recently sent in paper registration or annual report
documents, they will be granted an automatic 30 day extension to
electronically register or file reports.
"Remember, registering your charity is mandatory in New Mexico, now it's
easier than ever," king added.
AG warns against Haitian disaster scams
SANTA FE---Attorney General Gary King encourages New Mexicans to
donate to help fund disaster relief efforts in earthquake-stricken Haiti but
to do so with a certain amount of caution.
"There are many wonderful reputable charitable organizations already
assisting the people of Haiti as they recover from this tragedy, but
unfortunately there are groups and individuals who may try to take
advantage of the situation to profit through fraudulent fundraising
schemes," says Attorney General King.
"Before making a donation," adds the AG, "we encourage people to do a
little homework on their selected charity or relief organization to ensure
that their money is going to help those in need in Haiti."
All charities and fundraisers operating in New Mexico are required by law
to register with the Attorney General's Office. This requirement provides
the public with valuable information regarding how long the organization
has been in existence, its financial condition and its track record of
complying with state registration and filing requirements.
To best assure that your donation will be used for its intended purpose,
the Attorney General’s Office offers the following suggestions:
* Check to see if the charity is registered and filing with the Attorney
General’s Charities Unit. Registration and filing information can be
obtained online at http://www.nmag.
gov/office/Divisions/Civ/charity/CharitySearch or by calling the Attorney
General's Office toll free at 1-800-678-1508 and asking for the Charities
Unit.
(While in the immediate aftermath of this tragedy, there may well be
unregistered, but otherwise legitimate, charities appealing for funds in
New Mexico, donors should be aware that giving to an unregistered
charity increases the risk that your donation may not be used for the
intended purpose.)
* Know your charity. Take the time to verify the address, phone number,
contact information, and review the Web site and written material, when
possible. Consider a charity’s history, purpose, track record and
reputation, and never give to a charity you know nothing about.
* In addition to doing research about particular charities, visit Web sites
where you can find additional information to help you understand a large
number of charities, such as:
1. Charitynavigator.org
2. CharityGuide.org
3. BBB.org/charity
* Be wary of appeals that are long on emotion. The hard luck tale is a
favorite ploy of a phony operator. A legitimate charity will be specific
about how it is using your money to address this disaster.
* Ask lots of questions. How much of the money goes to the charity and
how much to a professional fundraiser? Ask who employs the telephone
solicitor, if your contribution is tax deductible and what the charity intends
to do with any excess contributions that might remain after the victims'
needs are addressed.
* Beware of professional fundraisers who try to make their solicitations
sound like they are coming directly from the charity itself or volunteers.
* Do not pay by cash. Pay by check, and make it out to the charity (use
its full name; don't use initials), not the fundraiser. Never give your credit
card number to a fundraiser over the telephone. If the fundraiser directly
approaches you, ask to see identification. It is best to mail your check
directly to the charity.
* If you are contributing over the Internet, make sure that the Web site
you are visiting belongs to a legitimate, established, and registered
charity. See if other legitimate Web sites provide links to that Web site.
Also, make sure the site is secure and will offer protection for your credit
card number.
Attorney General King reminds citizens that after tragedies of this nature,
there are always individuals who will use the Internet to perpetrate fraud.
Individuals with inquiries or complaints about charitable solicitations
should call the Attorney General’s Charities Unit at 1-800-678-1508.
SANTA FE - While much of the focus at the New Mexico legislature this
year was on cutting spending or raising taxes to stop budget bleeding, at
least one bill signed into law by Governor Bill Richardson last week looks
to make investments now that could pay off down the road, both for New
Mexico's economy and for the environment. The new law requires new or
renovated public buildings over 3,000 square feet to meet energy
efficiency standards.
Dan Lorimier with the Rio Grande chapter of the Sierra Club says it's a
small down payment that will pay big dividends for New Mexico
communities in years to come.
"Over the course of the building's life, it can save hundred of thousands
of dollars, obviously depending on the size of the building. And so this is
of huge benefit to communities whose budgets have to hold the
operating expenses of those public buildings."
Lorimier says the law might mean a one to two percent increase in
upfront design and building costs, but the energy savings over just a few
decades could easily be ten times as much.
"Even in these dire economic times, both Republican and Democratic
legislators readily understood that we need public buildings that save us
money rather than waste our money."
He says the bill was one of the few pro-active measures taken by the
legislature this year, and the rough economy actually helped it through
because it made the potential savings that much more attractive. Lorimier
says conservation groups like his also like the positive impact the law will
have on reducing climate change pollution.
Eric Mack, Public News Service - NM
APD Child Safety Fair Saturday
ARTESIA -- The Artesia Police Department presents its second annual
Child Safety Fair Saturday, March 20 from 10 a.m. to 2 p.m. at
Guadalupe Park.
On hand will be booths sponsored by the APD, the Artesia Fire
Department, law enforcement agencies from around the Pecos Valley
and other groups and businesses that will provide information and
resources aimed at keeping your child and family safe and healthy.
Special children's shows will be presented throughout the day and there
will be a special gift prize giveaway at 2 p.m.
So make plans now to attend a day filled with music, games, food and fun.
NM budget deal details emerge, report looks at other
revenue options
SANTA FE - (New Mexico News Service) -- More details of a reported
budget deal emerged as lawmakers made their way back to Santa Fe for
the special session that began Monday. They include a funding cut of
about two percent for most state agencies for next year, and a one-
percent cut to public education funding, on top of cuts made in previous
sessions.
New revenue sources, including an increase in the gross receipts tax and
cigarette tax, are also said to be on the table, although a report by the
Institute on Taxation and Economic Policy says this combination of cuts
and taxes would be felt the most by low-income families.
Matt Gardner, the Institute's executive director, calls for a proper balance.
"If the goal is to make New Mexico's tax system less imbalanced and less
unfair, then they really ought to be looking more at income-tax-based
solutions and less at sales-tax solutions."
Gardner says New Mexico has an unusually large tax break in place on
capital gains, which takes away funds that the state could be using to fill
in gaps.
"This is just cutting a big hole out of your income tax base, and it offers
little or no benefit to the vast majority of low- and middle-income
taxpayers. So that seems like a pretty obvious candidate; close that
loophole, treat all income the same way."
He says a proposed surtax on the highest-earning New Mexicans is one
way to address the budget gap without hurting lower-income households
that are already struggling. Opponents of the surtax say it could hurt the
overall economy, but Gardner calls it more fair than most of the other
options available.
Gardner says if lawmakers do end up hiking the gross receipts tax or
'GRT,' the impact on working families should be offset by increasing low-
income tax credits.
"The earned income tax credit, or a sales-tax credit - y'know, this is a
good, targeted way of making these inherently unfair GRT hikes a little
bit less unfair."
Proponents of the increase believe it is the fairest way to deal with the
budget shortfall, but Gardner disagrees. He sees it as a regressive tax
that only adds to the overall unfairness of tax policy in the state.
Burch returned as mayor of Artesia, Torrez defeated in Dist. 2
ARTESIA -- Artesia voters Tuesday approved serving Mayor Phil Burch
for a four-year term, while incumbent District 2 councilor Tony Torrez was
defeated by challenger Jose Luis Aguilar.
Burch was serving out the term of the late Manuel Madrid. Garnering
more than 600 votes, he defeated write-In candidate Beverly Sweatt, who
received more than 100. In the District 2 contest, Aguilar got 113 votes
to Torrez' 80.
In District Four, incumbent Terry Hill defeated Don Rindahl by a count of
214 to 19. Raul Rodriguez, Nora Sanchez and Kent Allen Bratcher were
unopposed in Tuesday's election.
All election results are unofficial until they can be confirmed by an official
canvass today.
Information courtesy of KSVP AM 990
2 dead, 2 injured in Navajo refinery fire
ARTESIA (From the N.M. Newsline) -- Authorities say two employees at
the Navajo oil refinery in Artesia are dead and two others critically injured
after a storage tank exploded into flames.
Artesia police say warning sirens sounded just before 1 p.m. Tuesday at
the Navajo Refinery. Emergency crews arrived and were able to contain
the fire a short time later.
Authorities say two employees, both from Texas, died from injuries
sustained in the explosion. Two other workers were airlifted to the
Lubbock Hospital in Texas, where authorities say they remain in critical
condition.
No names were released.
Authorities say the explosion's cause remains unclear and it remains
under investigation.
Mayoral candidate reports theft of campaign signs
ARTESIA -- With mere hours before the election for Artesia’s mayor
occurs, a candidate reported the theft of several of his campaign signs.
Incumbent Mayor Phil Burch reported that sometime on Saturday an
unknown person or persons took approximately 70 yard-sized campaign
signs from around the city. The signs were posted in his supporter’s
yards, an Artesia Police Department news release stated.
As of the time of the release, write-in candidate Beverly Sweatt had not
reported any thefts of or damage to her campaign material.
The theft or defacement of campaign signs is unlawful and can carry a
penalty of a maximum of 90 days in jail and/or a $500 fine.
A citizen with information about any crime should call 911 if it is in
progress. If a citizen wishes to report a crime that has already occurred
they should call (575) 616-7155. If they wish to speak directly to an
Artesia Police Department representative with information about a crime
or any other questions concerning the Department itself they can call
746-5000. Crimes can be reported anonymously by calling Crime
Stoppers at 748-2323 or sending a simple text message to 513-0792.
Holly Corp reports net stockholder loss for 2009
DALLAS, Texas -- Holly Corporation today reported a net loss
attributable to stockholders of $40.6 million ($0.79 per basic and
diluted share) for the fourth quarter of 2009 compared to a net income of
$50.6 million ($1.02 per basic and $1.01 per diluted share) for the same
period of 2008.
For the year ended December 31, 2009, net income attributable to Holly
Corporation stockholders was $19.5 million ($0.39 per basic and diluted
share) compared to $120.6 million ($2.40 per basic and $2.38 per diluted
share) for the year ended December 31, 2008.
On Dec.1, 2009, Holly Energy Partners sold its 70% interest in Rio
Grande Pipeline Company (“Rio Grande”). As a result, Rio Grande’s
operating results and a gain on the sale are presented in discontinued
operations. Excluding the gain on this sale and earnings from
discontinued operations, the loss attributable to Holly Corporation
stockholders from continuing operations for the fourth quarter of 2009
was $43.8 million ($0.85 per basic and diluted share) compared to
income from continuing operations of $50.2 million ($1.01 per basic and
$1.00 per diluted share) for the same period of 2008. For the year ended
December 31, 2009, net income attributable to Holly Corporation
stockholders from continuing operations was $15.2 million ($0.30 per
basic and diluted share) compared to $119.2 million ($2.37 per basic and
$2.36 per diluted share) for the year ended December 31, 2008.
Net income attributable to our stockholders for the fourth quarter and
year ended Dec. 31, 2009 decreased by $91.1 million and $101 million,
respectively, compared to the same periods of 2008. These decreases
were principally due to industry-wide, significantly reduced refinery
gross margins in the fourth quarter of 2009 compared to the fourth
quarter of 2008. Overall refinery gross margins for the quarter were
$3.67 per produced barrel, a 69% decrease compared to $12.01 for the
fourth quarter of 2008, and for the year ended Dec. 31, 2009 were $7.21
per produced barrel, a 34% decrease compared to $10.96 for the year
ended Dec. 31, 2008.
Democrat lawmakers accused of fundraising abuse
SANTA FE - A report by an Albuquerque TV station revealed several
New Mexico legislators engaged in improper fundraising activities during
the legislative session.
According to a KRQE Channel 13 news story by anchor Michael
Herzenberg, on special assignment at the Roundhouse, several New
Mexico Democrat legislators solicited contributions on www.ActBlue.com
during the legislative session. In addition, Rep. Jeff Steinborn, District 37,
and Rep. Ben Rodefer, District 23, were soliciting on their own. New
Mexico law prohibits the solicitation of contributions for a political purpose
during any regular or special legislative session.
Prior to the current legislative session, each legislator in the New Mexico
House and Senate received a letter of warning from Secretary of State
Mary Herrera dated October 16, 2009. The first lines of Herrera’s letter
reads, “Please be reminded that pursuant to Section 1-19-34.1 of New
Mexico Statutes Annotated, it is unlawful for legislators to knowingly solicit
contributions for a political purpose during any regular or special
legislative session.” A copy of the letter is attached.
In Herzenberg’s report, Sec. of State Herrera was quoted as saying of the
rule-breakers, “They will have to explain to me why they were on this web
site soliciting funds.”
“The law is clear and this fundraising abuse is a blatant disregard for the
law,” said Republican House Leader Tom Taylor. “It is shocking that the
legislators who were caught abusing this law were members of
leadership. For the most part, it was not rookies who made the mistake, it
was legislators who chair committees, help govern their party, and
certainly know better.”
“This latest offense is unfortunately one more incident in a long tradition
of Democrat legislators in New Mexico abusing the law. It is unfortunate
that these legislators cannot be trusted to adhere to basic laws regarding
financing, especially after all of their talk this session about ethical
behavior.” said Republican Whip Keith Gardner.
No Republican legislators were found to have violated the fundraising law.
LG supports keeping NM money in NM banks
SANTA FE - In a letter this week to Federal Reserve chairman Ben
Bernanke, Lt. Gov. Diane Denish outlined support for community banks
and the role they can play in economic recovery.
Denish said she supports using local, community banks to serve as fiscal
agents for some of the state's accounts. This would keep taxpayer
dollars in New Mexico and allow community banks, many serving rural
areas, to increase their lending during a time when credit has been
constricted.
"Now more than ever, New Mexicans need their tax dollars working hard
for them right here in New Mexico," said Denish. "While Wall Street gets
bailouts and bonuses, our local banks and credit unions have been
providing financing for families to buy homes and for small businesses to
grow and create jobs. By putting some state money into these local banks
instead of the Wall Street mega-banks, we are freeing up credit and
growing New Mexico's economy. To help turn this economy around, we
can't count on Washington or Wall Street we need to bank on New
Mexico.
"Federal fiscal policy makers need to understand that Main Street banks
did not create the sub-prime mess, they are the ones working to clean it
up by lending to their neighbors and investing in their communities,"
Denish added.
"That's why folks in Washington need to reassess the one-size-fits-all
regulations that favor Wall Street and develop ways to help local,
community banks lend more and continue their work to spur the
recovery," she said.
5 NM counties declared disaster areas
SANTA FE – In the wake of recent snow storms, Governor Bill
Richardson last week signed an executive order declaring five New
Mexico counties disaster areas. The Governor has declared Cibola,
McKinley, Rio Arriba, Sandoval and San Juan counties, as well as the
Navajo Nation, disasters and has made up to $300,000 in disaster
funding available to the affected areas.
“Recent winter weather hit northwestern New Mexico hard and the
residents of Cibola, McKinley, Rio Arriba, San Juan and Sandoval
counties and the Navajo Nation need our help,” said Richardson. “This
disaster declaration will help these counties with recovery efforts
following the record snow fall.”
During the past several weeks McKinley, Cibola, Rio Arriba, San Juan
and Sandoval counties were hit by a series of winter storms that large
amounts of snow, in excess of 4 feet in some areas, causing emergency
situations across the region. The severe winter weather made roads
impassable and in some areas food had to be brought in by 4x4’s and
helicopters. Department of Homeland Security and Emergency
Management personnel have been on the ground and in the air
assessing the damage over the past several weeks. By declaring a
disaster, the Governor’s order allows for disaster assistance program
funding for the recovery process and for infrastructure repair.
“After reviewing all of the information and seeing the scope of work that
has burdened not only New Mexico Emergency Management officials and
the counties of San Juan, Cibola, McKinley, Rio Arriba, Sandoval and the
Navajo Nation, this is the right thing to do to aid in recovery from the non-
stop snow storms the state has been hit with this winter,” said
Department of Homeland Security and Emergency Management
Secretary John Wheeler.
AG announces electronic registration for NM charities
ALBUQUERQUE - Attorney General Gary King today unveiled a new
electronic registration system for New Mexico charities and private
foundations, along with a one time 90 day late fee amnesty allowance.
"Most charities and private foundations in the state must now
electronically register and file annual financial reports with our office,"
said King. "Because the system is new and to encourage registration by
charities, we are offering amnesty so that late fees can be avoided."
If the charity or foundation is a charity or 501(c)(3) and not a school or a
church, it must be registered with the Office of the Attorney General
through the new electronic registration system at https://secure.nmag.
gov/coros/
Through May 12, 2010, if the organization has never registered with the
AG's Office, is late in filing reports or just generally needs to get up to
speed, the Office will waive all late fees. All affected organizations are
urged save needed funds for charitable work and avoid late fees by
registering within the next 90 days.
If organizations have recently sent in paper registration or annual report
documents, they will be granted an automatic 30 day extension to
electronically register or file reports.
"Remember, registering your charity is mandatory in New Mexico, now it's
easier than ever," king added.
AG warns against Haitian disaster scams
SANTA FE---Attorney General Gary King encourages New Mexicans to
donate to help fund disaster relief efforts in earthquake-stricken Haiti but
to do so with a certain amount of caution.
"There are many wonderful reputable charitable organizations already
assisting the people of Haiti as they recover from this tragedy, but
unfortunately there are groups and individuals who may try to take
advantage of the situation to profit through fraudulent fundraising
schemes," says Attorney General King.
"Before making a donation," adds the AG, "we encourage people to do a
little homework on their selected charity or relief organization to ensure
that their money is going to help those in need in Haiti."
All charities and fundraisers operating in New Mexico are required by law
to register with the Attorney General's Office. This requirement provides
the public with valuable information regarding how long the organization
has been in existence, its financial condition and its track record of
complying with state registration and filing requirements.
To best assure that your donation will be used for its intended purpose,
the Attorney General’s Office offers the following suggestions:
* Check to see if the charity is registered and filing with the Attorney
General’s Charities Unit. Registration and filing information can be
obtained online at http://www.nmag.
gov/office/Divisions/Civ/charity/CharitySearch or by calling the Attorney
General's Office toll free at 1-800-678-1508 and asking for the Charities
Unit.
(While in the immediate aftermath of this tragedy, there may well be
unregistered, but otherwise legitimate, charities appealing for funds in
New Mexico, donors should be aware that giving to an unregistered
charity increases the risk that your donation may not be used for the
intended purpose.)
* Know your charity. Take the time to verify the address, phone number,
contact information, and review the Web site and written material, when
possible. Consider a charity’s history, purpose, track record and
reputation, and never give to a charity you know nothing about.
* In addition to doing research about particular charities, visit Web sites
where you can find additional information to help you understand a large
number of charities, such as:
1. Charitynavigator.org
2. CharityGuide.org
3. BBB.org/charity
* Be wary of appeals that are long on emotion. The hard luck tale is a
favorite ploy of a phony operator. A legitimate charity will be specific
about how it is using your money to address this disaster.
* Ask lots of questions. How much of the money goes to the charity and
how much to a professional fundraiser? Ask who employs the telephone
solicitor, if your contribution is tax deductible and what the charity intends
to do with any excess contributions that might remain after the victims'
needs are addressed.
* Beware of professional fundraisers who try to make their solicitations
sound like they are coming directly from the charity itself or volunteers.
* Do not pay by cash. Pay by check, and make it out to the charity (use
its full name; don't use initials), not the fundraiser. Never give your credit
card number to a fundraiser over the telephone. If the fundraiser directly
approaches you, ask to see identification. It is best to mail your check
directly to the charity.
* If you are contributing over the Internet, make sure that the Web site
you are visiting belongs to a legitimate, established, and registered
charity. See if other legitimate Web sites provide links to that Web site.
Also, make sure the site is secure and will offer protection for your credit
card number.
Attorney General King reminds citizens that after tragedies of this nature,
there are always individuals who will use the Internet to perpetrate fraud.
Individuals with inquiries or complaints about charitable solicitations
should call the Attorney General’s Charities Unit at 1-800-678-1508.
Harvesting Grace orders due by March 11
ARTESIA -- Food orders for Harvesting Grace
Ministries are due by Thursday, March 11. To
see this month's menu and for more information,
go to Harvesting Grace.
Prescription Drug Discount Card
ARTESIA - In the current economic climate,
where people are watching their spending, a
discount card can offer average savings of 20
percent off drug retail prices. The City of Artesia
last week launched a program to help provide
residents with some relief from the high cost of
prescription drugs. The city is making free
prescription drug discount cards available to city
residents through a program sponsored by the
National League of Cities (NLC). The discount
cards offer city residents average savings of 20
percent off the retail price of commonly
prescribed drugs.
The discount cards may be used by all residents
of the City of Artesia and has no restrictions
based on the resident’s age, income level, or
existing health coverage. The NLC card can be
used when purchasing prescription drugs at
approximately 5 pharmacies around the city, as
well as at more than 59,000 participating retail
pharmacies across the country.
“In the current economic climate, where many
people are watching what they spend, the City of
Artesia is happy to partner with the National
League of Cities to make this prescription
discount card available for our residents,” said
Mayor Phil Burch. “Whether or not an individual
has prescription coverage, this program can
make it easier for our residents to afford the
drugs they need to deal with a short-term illness
or stay healthy by managing a chronic condition.”
Cards are available at City Hall, Artesia Public
Library, Artesia Senior Center, Artesia Mealsite,
NM Income Support Division, Eddy County Health
Office, Brown Drug, Lowell’s Pharmacy, and
Walmart at no cost to city residents. City
residents can call toll-free 1-888-620-1749 or
visit www.caremark.com/nlc for assistance with
the program.
“Not only does the NLC prescription discount
card help residents save money on their
medications, it is easy to use,” said Mayor Phil
Burch. “City of Artesia residents only have to
show their card when purchasing medication at
one of the many participating pharmacies. There
is no enrollment form required to get a card, no
membership fee of any kind and city residents
and their family members can use the card any
time their prescriptions are not covered by
insurance.”
The discount card program is administered by
CVS Caremark.
The National League of Cities (NLC) is the nation’
s oldest and largest organization devoted to
strengthening and promoting cities as centers of
opportunity, leadership and governance. NLC is
a resource and advocate for 19,000 cities, towns
and villages, representing more than 218 million
Americans. To learn more about NLC, go to www.
nlc.org.
Texting danger displayed in graphic PSA
A PSA on texting while driving has been
produced and released in the UK - apparently,
some US officials and citizens consider it too
"graphic" to be aired in the US. However, for
teen drivers - a group that not only employs
texting more often but is also less experienced
behind the wheel - it could be a life-saving event.
Those deeming it too graphic are probably not
the parents of teens. Many of the movies and
video games they enjoy are more graphic than
the announcement.
Drivers, regardless of age or experience, need to
understand how dangerous any distracting event,
like texting, can be when you're driving, even in
light traffic.
Mike Brody, Special Contributor to Wood TV in
Grand Rapids, Michigan reported on a poll
advocating US airing.
Most Americans who viewed a British Public
Service Announcement (PSA) illustrating the
dangers of texting and driving say they are less
likely to text while driving, according to a new poll.
The majority of Americans also say the
controversial PSA should be aired in the U.S.
The study was conducted by HCD Research
using its MediaCurves.com Web site on Aug. 25,
to obtain viewers' perceptions of a recent PSA
from the U.K. which features graphic scenes to
emphasize the dangers of texting while driving.
The PSA is considered to be too graphic and
controversial to be aired in the U.S. at this time.
After watching the PSA, 80 percent of the 300
viewers reported that they are less likely to text
while driving, and 85 percent reported the PSA
should be shown in the U.S.
"As evidenced by our automated response
curves, the PSA clearly resonated with American
viewers, particularly during and after the crash
sequence when the effective levels spiked
dramatically," noted Glenn Kessler, president and
CEO, HCD Research.
The study also revealed that the majority of
viewers (87 percent) believe that the PSA is
appropriate in nature, and 86 percent also
indicated that the PSA was extremely effective. In
addition, 79 percent reported that they would be
likely to forward the PSA to friends and family.
WARNING: Viewer discretion advised. The
video is graphic and may be offensive to some
viewers.
If you haven't seen it, it's on YouTube.
New Mexico Motor Vehicle Department’s
new Web site offers additional services
and incentives to go online
SANTA FE--(BUSINESS WIRE)--The New Mexico
Motor Vehicle Division (MVD) has unveiled its
new Web site (www.mvd.newmexico.gov) and
announced discounts for online registration
renewals.
New Mexicans can now go online and:
* Renew vehicle registrations at a five-percent
discount off the base rate. Savings increases for
multi-year registrations or registrations of several
vehicles at once.
* Check estimated wait times at 26 MVD offices,
based on real-time information, to plan their trips.
* “Fill, Print and Go” – Download the most
commonly used forms, complete them online,
print and take them to an MVD office. Available
forms include requesting a parking placard for
the physically challenged; change of address;
confidential records release; bill of sale;
personalized and specialty plates.
* Obtain accurate and detailed information about
acceptable documents for MVD services,
including 20 images serving as visual examples
of what needs to be taken to an MVD office.
“We want our customers to remember – there’s
no line when you go online,” said Rick Homans,
Secretary of the New Mexico Taxation and
Revenue Department, who oversees the MVD.
“Ultimately, we’d like the public to be able to do
everything online,” said MVD Director Michael
Sandoval. “And while many people will still have
to come into the office, we plan on making it a
much better experience.”
The MVD Online site is part of a larger initiative.
Drive MVD (Delivering Results, Innovation, Value
and Efficiency) will provide a multi-year focus on
improved service.
Users can find out more about the New Mexico
Web site through:
Web site: http://www.mvd.newmexico.gov/
RSS feeds: http://www.mvd.newmexico.gov/rss.
html
ARTESIA -- Food orders for Harvesting Grace
Ministries are due by Thursday, March 11. To
see this month's menu and for more information,
go to Harvesting Grace.
Prescription Drug Discount Card
ARTESIA - In the current economic climate,
where people are watching their spending, a
discount card can offer average savings of 20
percent off drug retail prices. The City of Artesia
last week launched a program to help provide
residents with some relief from the high cost of
prescription drugs. The city is making free
prescription drug discount cards available to city
residents through a program sponsored by the
National League of Cities (NLC). The discount
cards offer city residents average savings of 20
percent off the retail price of commonly
prescribed drugs.
The discount cards may be used by all residents
of the City of Artesia and has no restrictions
based on the resident’s age, income level, or
existing health coverage. The NLC card can be
used when purchasing prescription drugs at
approximately 5 pharmacies around the city, as
well as at more than 59,000 participating retail
pharmacies across the country.
“In the current economic climate, where many
people are watching what they spend, the City of
Artesia is happy to partner with the National
League of Cities to make this prescription
discount card available for our residents,” said
Mayor Phil Burch. “Whether or not an individual
has prescription coverage, this program can
make it easier for our residents to afford the
drugs they need to deal with a short-term illness
or stay healthy by managing a chronic condition.”
Cards are available at City Hall, Artesia Public
Library, Artesia Senior Center, Artesia Mealsite,
NM Income Support Division, Eddy County Health
Office, Brown Drug, Lowell’s Pharmacy, and
Walmart at no cost to city residents. City
residents can call toll-free 1-888-620-1749 or
visit www.caremark.com/nlc for assistance with
the program.
“Not only does the NLC prescription discount
card help residents save money on their
medications, it is easy to use,” said Mayor Phil
Burch. “City of Artesia residents only have to
show their card when purchasing medication at
one of the many participating pharmacies. There
is no enrollment form required to get a card, no
membership fee of any kind and city residents
and their family members can use the card any
time their prescriptions are not covered by
insurance.”
The discount card program is administered by
CVS Caremark.
The National League of Cities (NLC) is the nation’
s oldest and largest organization devoted to
strengthening and promoting cities as centers of
opportunity, leadership and governance. NLC is
a resource and advocate for 19,000 cities, towns
and villages, representing more than 218 million
Americans. To learn more about NLC, go to www.
nlc.org.
Texting danger displayed in graphic PSA
A PSA on texting while driving has been
produced and released in the UK - apparently,
some US officials and citizens consider it too
"graphic" to be aired in the US. However, for
teen drivers - a group that not only employs
texting more often but is also less experienced
behind the wheel - it could be a life-saving event.
Those deeming it too graphic are probably not
the parents of teens. Many of the movies and
video games they enjoy are more graphic than
the announcement.
Drivers, regardless of age or experience, need to
understand how dangerous any distracting event,
like texting, can be when you're driving, even in
light traffic.
Mike Brody, Special Contributor to Wood TV in
Grand Rapids, Michigan reported on a poll
advocating US airing.
Most Americans who viewed a British Public
Service Announcement (PSA) illustrating the
dangers of texting and driving say they are less
likely to text while driving, according to a new poll.
The majority of Americans also say the
controversial PSA should be aired in the U.S.
The study was conducted by HCD Research
using its MediaCurves.com Web site on Aug. 25,
to obtain viewers' perceptions of a recent PSA
from the U.K. which features graphic scenes to
emphasize the dangers of texting while driving.
The PSA is considered to be too graphic and
controversial to be aired in the U.S. at this time.
After watching the PSA, 80 percent of the 300
viewers reported that they are less likely to text
while driving, and 85 percent reported the PSA
should be shown in the U.S.
"As evidenced by our automated response
curves, the PSA clearly resonated with American
viewers, particularly during and after the crash
sequence when the effective levels spiked
dramatically," noted Glenn Kessler, president and
CEO, HCD Research.
The study also revealed that the majority of
viewers (87 percent) believe that the PSA is
appropriate in nature, and 86 percent also
indicated that the PSA was extremely effective. In
addition, 79 percent reported that they would be
likely to forward the PSA to friends and family.
WARNING: Viewer discretion advised. The
video is graphic and may be offensive to some
viewers.
If you haven't seen it, it's on YouTube.
New Mexico Motor Vehicle Department’s
new Web site offers additional services
and incentives to go online
SANTA FE--(BUSINESS WIRE)--The New Mexico
Motor Vehicle Division (MVD) has unveiled its
new Web site (www.mvd.newmexico.gov) and
announced discounts for online registration
renewals.
New Mexicans can now go online and:
* Renew vehicle registrations at a five-percent
discount off the base rate. Savings increases for
multi-year registrations or registrations of several
vehicles at once.
* Check estimated wait times at 26 MVD offices,
based on real-time information, to plan their trips.
* “Fill, Print and Go” – Download the most
commonly used forms, complete them online,
print and take them to an MVD office. Available
forms include requesting a parking placard for
the physically challenged; change of address;
confidential records release; bill of sale;
personalized and specialty plates.
* Obtain accurate and detailed information about
acceptable documents for MVD services,
including 20 images serving as visual examples
of what needs to be taken to an MVD office.
“We want our customers to remember – there’s
no line when you go online,” said Rick Homans,
Secretary of the New Mexico Taxation and
Revenue Department, who oversees the MVD.
“Ultimately, we’d like the public to be able to do
everything online,” said MVD Director Michael
Sandoval. “And while many people will still have
to come into the office, we plan on making it a
much better experience.”
The MVD Online site is part of a larger initiative.
Drive MVD (Delivering Results, Innovation, Value
and Efficiency) will provide a multi-year focus on
improved service.
Users can find out more about the New Mexico
Web site through:
Web site: http://www.mvd.newmexico.gov/
RSS feeds: http://www.mvd.newmexico.gov/rss.
html
href="http://www.psn.gov">