5 of 11
Harry Teague
Harry Teague
Teaco Energy Services
Hobbs, N.M.

Party: Democratic
District: New Mexico, 2nd
Incumbent: Steve Pearce (R) (running for Senate)
Challenger: Ed Tinsley
Outcome: Won

Harry Teague embodies the American Dream - always a good selling point when you're running for Congress.

A high school dropout, Teague went to work on New Mexico's oilfields at age 17 for $1.56 an hour to support his sick parents. Several years later he had his own company renting tools for use in oil production facilities. Two decades later, he sold that company for a sum he puts at around $4 million.

In 2000, he launched Teaco Energy Services, an oil-well servicing business. Today, it generates about $50 million annually, employs 250 people, and has made Teague a multimillionaire.

"My story resonates well across the district," says Teague, 59, who provides health care and college scholarships to his employees and their families. "I can relate to people who have to make the decision between buying tennis shoes or t-shirts for their children this paycheck."

The decision to run for Congress, Teague says, came when he learned that the Republican incumbent would be running for the state's open Senate seat. A two-term county commissioner, Teague thinks his track record in local office and his business experience will help him win national office.

"I bring the experience of having had to make payroll for people and creating jobs. I've done that as a private businessman and as an elected official," says Teague, who has been endorsed by New Mexico Governor Bill Richardson and the American Hunters and Shooters Association.

Nonetheless, in a district that's kept a Republican in Congress for nearly three decades, winning a ticket to Washington will be a tough challenge.

NEXT: Ed Tinsley

LAST UPDATE: Nov 05 2008 | 1:23 PM ET
Sponsored by
More Galleries
5 startups that are reimagining the world Bricks that grow from microorganisms, household garbage turned into art, three-wheeled bike-cars -- these startups are redefining urban living. More
Blue collar entrepreneurs These five entrepreneurs took their blue collar experience and used it to launch innovative businesses. More
7 lifehacks to eliminate your holiday hassle Whether curating the perfect gift or finding a pet-sitter, these startups offer time-saving services that might just seem like holiday magic. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.