Episode 13: Economics Overview

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by Dean Foreman, Chief Economist, for his “Foreman’s Four” where he highlights four items about energy and economics that everyone should know. In addition, they discuss the effects of global geopolitics on supply and demand, the Strategic Petroleum Reserve, and how production has increased despite lower upstream employment numbers and rig counts, due to increased use of AI and process efficiencies.

TXOGA: Economic Insights: TXOGA’s economic insights serve as a vital reference for our members as well as those who are interested in understanding data which tell the story of what’s happening with the economy as well as oil and gas markets at the Texas, U.S. and global levels.

TXOGA: Energy Economic Analysis Highlights Texas Energy Records Through July 2024

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Related Updates

December 3, 2024

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs are joined by Omar Garcia, Chief External Affairs...

November 22, 2024

AUSTIN - Texas’ production of oil, natural gas, and natural gas liquids (NGLs) achieved new record highs for the month of September after achieving record highs just one month earlier in August, according to the Texas Oil & Gas Association’s (TXOGA) monthly energy economic analysis prepared by TXOGA Chief Economist Dean Foreman, Ph.D. Further, as crude and NGL production has climbed, in-state refiners have processed record amounts.

November 18, 2024

AUSTIN – Newly-released data from the Texas Workforce Commission (TWC) indicates that upstream oil and natural gas employment rose by an additional 1,700 jobs in September. These new numbers extend the strength of 2023’s job growth to date, with 14,300 jobs added so far this year.

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