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2023 Annual Energy & Economic Impact Report

Texas Oil and Natural Gas Industry Pays History-Making $26.3 Billion in State and Local Taxes, State Royalties Texas Rewrites its Oil & Natural Gas Record Book: Highest-Ever Totals in Production, Exports, Refining Outcomes, Crude Oil Supply, Tax Revenue TXOGA President Staples: “American Energy Leadership Starts in Texas” TXOGA Annual Energy & Economic Impact Report Shows:…

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Texas Oil & Gas Upstream Jobs Fell by 1,300 in September

AUSTIN – The Texas Workforce Commission, having skipped data releases during the federal shutdown that included the Bureau of Labor Statistics, has resumed job data publication. Today the Commission released September 2025 data, indicating that upstream oil and gas employment fell by 1,300 in September compared to August. Despite recent flat performance, growth for this…

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Q4 2025 Quarterly Perspective

Reading the Signals: Accuracy Matters When the World Is This Uncertain R. Dean Foreman, Ph.D., Chief Economist, Texas Oil & Gas Association Forecasting is never simple, but 2025 has been a year when the ability to separate meaningful signals from background noise has mattered more than ever. Data releases have been uneven, financial markets volatile,…

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November 2025: TXOGA Month in Review

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

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TXOGA Lone Star Energy Forum Features 70th U.S. Secretary of State Mike Pompeo

Industry Titans Vicki Hollub, President and CEO of Occidental, and Alan Smith, Operating Partner at Quantum Capital Group and Executive Chairman of Rockliff Energy III, Recognized with TXOGA’s Distinguished Service Award  Featured Speakers included Scott Mason, U.S. EPA Region 6 Administrator, Ken Hersh, Veteran Energy Investor and former George W. Bush Presidential Center CEO, and…

  • News

Safety Pays Dividends: A Conversation with Texas Mutual Insurance Company

Tune into the latest episode of TXOGA Talks to hear from Jeanette Ward, President and CEO of Texas Mutual Insurance Company! Learn how this unique...

  • News, Technology and Innovation

TXOGA Applauds EPA’s Landmark Approval of Texas Class VI Primacy

AUSTIN – The Texas Oil & Gas Association (TXOGA) today celebrated the U.S. Environmental Protection Agency’s (EPA) final approval of Texas’ application for Class VI primacy. This historic decision grants the Railroad Commission of Texas (RRC) regulatory authority to permit Class VI wells, establishing Texas as the premier global location for carbon capture and storage…

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May 30, 2023

TXOGA Statement on Governor Abbott’s Call for a Special Legislative Session Prioritizing Property Tax Relief

AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued a statement following Governor Greg Abbott’s call for a special legislative session prioritizing property tax relief through property tax rate compression

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May 19, 2023

Residential and Business Consumers Unite! Texans Demand Firm Caps on Performance Credit Mechanism Tax to Protect Electricity Ratepayers

AUSTIN – Organizations representing electricity consumers statewide are demanding a meaningful cap on the proposed Performance Credit Mechanism (PCM) scheme that will impose billions of dollars in increased costs for Texas consumers if left uncapped. The PCM offers no guarantee of increased capacity or improved reliability and lacks consumer protections and spending oversight.

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May 18, 2023

TXOGA Statement on HB 5 Senate Hearing

“Texas has long been a business leader, recently winning Site Selection’s Governor’s Cup for the 11th year in a row and being named the Best State for Business for a record 19 years in a row by Chief Executive Magazine.

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May 17, 2023

Final Electricity Market Assessment Finds Performance Credit Mechanism Would Cost Consumers Billions Annually with No Guarantee of Any New Capacity

AUSTIN – The proposed Performance Credit Mechanism (PCM) being considered among ERCOT market reform options “would entail billions in costs for customers without a meaningful improvement in reliability,” according to the final results of an Assessment of ERCOT Market Reform Alternatives, prepared by Bates White Economic Consulting, a firm with 25-years of experience in providing advanced economic, financial, and econometric analyses to law firms, companies, and government agencies.

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May 5, 2023

TXOGA Statement on House Passage of HB 5

AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued a statement on the House passage of HB 5, the Texas Jobs & Security Act, authored by Chairman Todd Hunter, which would create a new, modern economic development program

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