What They’re Saying: State Leaders Respond to Release of TXOGA’s Energy & Economic Impact Report

AUSTIN – The Texas Oil & Gas Association (TXOGA) yesterday released its annual Energy & Economic Impact Report highlighting the industry’s continued and unmatched economic impact, the Lone Star State’s global energy leadership, and what is needed to continue meeting our nation and the world’s energy needs. In Fiscal Year (FY) 2022, the Texas oil…

AUSTIN – According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid $24.7 billion in state and local taxes and state royalties—by far the highest total in Texas history—shattering the previous record of just over $16 billion set in 2019 by 54%. TXOGA President Todd…

AUSTIN – According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid $24.7 billion in state and local taxes and state royalties—by far the highest total in Texas history—shattering the previous record of just over $16 billion set in 2019 by 54%. TXOGA President Todd…

AUSTIN – Según datos recién publicados por la Asociación de Petróleo y Gas Natural de Texas (TXOGA), la industria petrolera y de gas natural de Texas aportó un total de $24.7 mil millones en impuestos locales y estatales y regalías estatales – el total más alto en la historia de Texas por 54% – sobrepasando…

Texas Oil and Natural Gas Industry Paid Record $24.7 Billion in Taxes and State Royalties in Fiscal Year 2022, Shattering Previous High by 54% Texas Independent School Districts received $1.65 billion, Counties received $608.6 million in property taxes from oil and natural gas production, pipelines and gas utilities AUSTIN – According to just-released data from…

AUSTIN – Todd Staples, president of the Texas Oil & Gas Association (TXOGA) today issued the following statement: “The decision by the Environmental Protection Agency (EPA) to place the designation of the Permian Basin as a non-attainment area for the ozone standard in an inactive status is the correct one. The wide-open spaces of West…

Reuters By Arathy Somasekhar and Stephanie Kelly April 29, 2022 HOUSTON, April 29 (Reuters) – U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic snapped up the country’s light sweet grades to offset the expected loss of Russian oil, according to shipping data, traders and analysts. As the European…

Todd Staples, president of the Texas Oil & Gas Association, issued the following statement after word that the U.S. Department of Energy approved permits for two LNG export companies, including Golden Pass LNG in Houston, Texas, to sell American energy overseas: “Developing American energy infrastructure is vital to delivering reliable and affordable oil and natural…

March 24, 2022 TXOGA’s involvement in two events this week in different parts of the state showcased the important role our state’s oil and natural gas industry – from East Texas to the Gulf Coast and everywhere in between – plays on the global stage. The 11th Annual Northeast Texas Energy Summit took place in…

March 15, 2022 By Todd Staples, President, Texas Oil & Gas Association In the wake of the crisis in Ukraine, last week the U.S. Secretary of Energy called upon American energy producers to increase output “to stabilize the market and minimize harm to American families.” This comes after more than a year of this Administration…

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