Geopolitics Alpha

In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?

Published . Updated .

In New Mexico’s oil country, people ask: What happened to our water and air? Source New Mexico

Directly affected

  • PPLI People

    Named in this report.

Indirectly affected

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips

    Oil producers earn more when crude prices rise

  • VLO Valero

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR

    A fund of energy companies

  • USO United States Oil Fund

    This fund moves with oil prices

  • OIH VanEck Oil Services

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PPLI———————
XOM———————
CVX-3.36%-0.70%—+2.56%+2.33%+2.48%—
OXY-0.95%+1.62%—+2.84%+3.40%+3.82%—
COP-5.37%-0.58%—+3.38%+2.48%+2.65%—
VLO———————
MPC-4.54%+0.13%—+0.34%-0.46%-0.75%—
XOP———————
XLE———————
USO———————
OIH+3.12%+3.73%—+1.55%+2.34%+2.14%—

In New Mexico’s oil country, people ask: What happened to our water and air? Source New Mexico

Source: Source New Mexico

The price since 12 Oct 2026: United States Oil Fund (USO) versus the S&P 500

Since the first closing price after “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?,” United States Oil Fund (USO) is +5.04%. The S&P 500 fund (SPY) is -1.47% over the same days, a +6.51% difference versus the market. energy stocks (XLE) is +0.92%, a +4.13% difference versus that group of stocks.

CompanyWhenMoveStatus
COPthat day+3.38%final price
COPthe next day+2.48%final price
COPtwo days later+2.65%still updating
COPthree days earlier-0.58%final price
COPfive days earlier-5.37%final price
CVXthat day+2.56%final price
CVXthe next day+2.33%final price
CVXtwo days later+2.48%still updating
CVXthree days earlier-0.70%final price
CVXfive days earlier-3.36%final price
MPCthat day+0.34%final price
MPCthe next day-0.46%final price
MPCtwo days later-0.75%still updating
MPCthree days earlier+0.13%final price
MPCfive days earlier-4.54%final price
OIHthat day+1.55%final price
OIHthe next day+2.34%final price
OIHtwo days later+2.14%still updating
OIHthree days earlier+3.73%final price
OIHfive days earlier+3.12%final price
OXYthat day+2.84%final price
OXYthe next day+3.40%final price
OXYtwo days later+3.82%still updating
OXYthree days earlier+1.62%final price
OXYfive days earlier-0.95%final price
USO
SPY
XLE

Filings that name United States Oil Fund (USO) around 12 Oct 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around United States Oil Fund (USO)

Companies mentioned with this story

  • USO United States Oil Fund

    In “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • BNO United States Brent Oil Fund

    In “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?,” United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XLE Select Sector Spdr Tr

    For “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    For “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • AEIS Advanced Energy Industries

    In “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?,” Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence. Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AMPY Amplify Energy

    For “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ATO Atmos Energy

    Atmos Energy (ATO) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?.” Reason on file: GA selected ATO as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BE Bloom Energy

    Bloom Energy (BE) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?.” Reason on file: GA selected BE as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

United States Oil Fund (USO) and the energy link

On 12 Oct 2026, “In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?” is the story that connects United States Oil Fund (USO) to Energy.

United States Oil Fund (USO) is on the page because Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

Also listed, United States Brent Oil Fund (BNO): Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

Dates in the story, and the United States Oil Fund (USO) price range

BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.

How solid the energy case looks

54 out of 100Price not final

“In New Mexico’s Oil Country, People Ask: What Happened to Our Water and Air?” scores 54 out of 100. The score uses 2 sources, and 10 linked companies. The price is not final yet.