TXOGA MARSHALLS UNEQUALED
 
COOPERATIVE EFFORT


During the regular session of the 82^nd Legislature, the Texas Oil & Gas Industry faced the most dangerous set of political and economic circumstances in memory.Unique dynamics resulted in a concerted attack on the ability of Texas oil and gas operators to prosper and to continue to anchor the State’s economy.

2011 FUELING THE TEXAS ECONOMY PUBLISHED

Every two years, during the Legislative Session, Texas Oil & Gas Association (TXOGA) compiles a comprehensive report detailing the importance of the Texas Oil & Gas Industry to the economic well being of the State.   

  In the difficult period that our State and Nation have been going through, the Industry has played a major role in keeping the State’s economy and treasury comparatively sound.  Payments from the Industry support the State’s school finance system as well as individual school districts and other local governments, State general revenue, the Permanent School Fund and Permanent University Fund, and the State’s Economic Stabilization Fund, or “rainy day” fund.  The industry contributed $7.4 billion in taxes and royalties to these funds in fiscal 2010.

 Even after paying such levies, the Oil and Gas Industry creates some of the best-paying jobs in the State and pays royalties to residents of every legislative district in Texas.  Industry’s investment in capital and in a skilled workforce maintains Texas’ leadership in the supply of energy in the state and the nation.

The report has required months of research and includes information compiled by not only TXOGA, but the American Royalty Council and Texas Independent Producers and Royalty Owners. We thank these two fine organizations for their assistance.