Job Growth Continued in Texas Upstream Oil and Natural Gas Sector in August

September 19, 2022 Data released by the Texas Workforce Commission indicates that upstream oil and natural gas employment grew in August by 2,600 jobs from July. July’s gains were revised down to a still-solid 3,100 jobs added. “Upstream employment is growing steadily alongside the world’s demand for affordable, reliable energy.  The Texas oil and natural…

Annual Oil and Gas Tax Collections 88% Higher than Previous Record in 2014 September 2, 2022 AUSTIN — Texas Comptroller Glenn Hegar’s recently released tax collections data indicates production taxes paid by the oil and natural gas industry to the State of Texas broke $10 billion for the first time in history — an incredible…

September 1, 2022 The following can be attributed to Todd Staples, president of the Texas Oil and Gas Association: “We appreciate the work and effort of the State Energy Plan Advisory Committee but the 7-5 vote demonstrates more deliberation and research are needed. The report failed to look at the energy needs for Texas broadly…

August 30, 2022 The following can be attributed to Todd Staples, president of the Texas Oil and Gas Association: “Senate Bill 3, passed by the 87th Legislature, strengthened the electricity grid and the natural gas supply chain. The Texas Railroad Commission (RRC) has finalized rules regarding weather emergency preparedness standards for natural gas facilities, and…

In a recent The Center Square article, TXOGA president Todd Staples emphasized the importance of recognizing the progress the Texas oil and natural gas industry is making in reducing emissions and improving environmental performance, especially in light of the federal government’s recent actions to aggressively develop new and burdensome regulations that would negatively impact the…

Texas Comptroller Glen Hegar’s recently released tax collections data indicates Texas oil and natural gas producers continue to pay record amounts in production taxes to the State of Texas, reaching all-time highs in July. According to the Comptroller’s data, in July, Texas oil producers paid $694 million in production taxes to the state, the highest monthly…

Ahead of the President’s travel to the Middle East next month, the Texas Oil and Gas Association today joined with 27 energy associations to urge President Biden and his Cabinet to visit America’s major energy facilities – from production to distribution to refining to innovation hubs – as geopolitical volatility and energy costs continue to…

As the world weans itself off of Russian oil and natural gas, countries are turning to America for energy leadership, and Texas is positioned to deliver. The EIA predicts energy demand will increase by 50% from now to 2050. The reality is we need more energy not less, so we need increased production in response…

As Congress holds hearings on the price of oil, it is important to set the record straight on the various factors causing high gasoline prices. Fact: Prices are not caused by energy companies. Also fact: It’s time for Congress and the administration to pass and implement effective policies that provide relief to American families and…

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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