Benefits of Oil & Natural Gas
No matter where you live in Texas, the oil and natural gas industry benefits you. The oil and natural gas industry anchors our economy by creating high-paying jobs and by generating revenue, including $13.8 billion in FY’ 2015 ($15.7 billion in FY’ 2014) in taxes and royalties that directly fund our schools, roads and emergency services. It doesn’t stop there. The oil and natural gas industry is central to our lives, producing products and materials that we use every day like plastics, medicines, computers, life-saving devices and much more.