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: “We appreciate Governor Abbott’s commitment to drive down school property tax rates. Broad rate compression of the property tax
AUSTIN – The Texas Oil & Gas Association’s (TXOGA) Safety Group today announced that companies who are members collectively earned $2.12 million in dividends from Texas Mutual Insurance Company for prioritizing workplace safety and keeping the group’s loss ratio low. Texas Mutual is a policyholder-owned company that recognizes policyholders’ successful safety records through dividends. “The
AUSTIN – Data released by the Bureau of Labor Statistics and Texas Workforce Commission indicates that upstream oil and natural gas employment in Texas saw continued growth in April, edging up by 700 jobs and bringing the job count to within striking distance of 200,000 for the first time in over three years. “Texas’ energy
Without a meaningful cap, PCM represents a multi-billion-dollar blank check to generators with no guarantee of increased capacity or improved reliability. 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
AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued a statement after HB 5 was heard by the Senate Committee on Business & Commerce: “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
AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued a statement following the release of the final results of Bates White’s Assessment of ERCOT Market Reform Alternatives: “Reliability in our electric grid is essential to meet Texans’ basic needs, but so is controlling extreme costs. Having a firm and
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
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: “There is no reason Texas—the 9th largest economy in the world—should
AUSTIN – The Texas Oil & Gas Association (TXOGA) today announced the hiring of Dr. Dean Foreman as Chief Economist. Todd Staples, President of TXOGA, issued the following statement: “Dean brings a wealth of experience that will greatly benefit the Texas oil and gas industry as well as TXOGA member companies,” said Staples. “His nearly
Check out our Month in Review for April below to see how TXOGA was busy advocating for the Texas oil and natural gas industry: RECOMMENDED READING Decisions on ERCOT Market Reforms Loom With Legislative Ball in House’s Court Commentary: New business incentive program would boost schools EPA’s
