News

TXOGA Analysis of Texas’ Economy Finds Reasons for Optimism

AUSTIN – The Dallas Federal Reserve Bank recently reported in May that Texas’ economic expansion has slowed, and the business outlook has weakened.

June 19, 2023

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May: TXOGA Month in Review

Check out our Month in Review for May below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

June 1, 2023

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TXOGA Statement on Governor Abbott’s Call for a Special Legislative Session Prioritizing Property Tax Relief

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...

May 30, 2023

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TXOGA Safety Group Members Earn $2.12 Million Dividend from Texas Mutual

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...

May 25, 2023

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Upstream Oil and Gas Employment Continues Growth in April, Nears 200,000

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...

May 22, 2023

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Residential and Business Consumers Unite! Texans Demand Firm Caps on Performance Credit Mechanism Tax to Protect Electricity Ratepayers

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...

May 19, 2023

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TXOGA Statement on HB 5 Senate Hearing

“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 State for Business...

May 18, 2023

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TXOGA Statement on Electricity Market Assessment that Shows PCM Would Cost Consumers Billions with No Guarantee of New Capacity

“Reliability in our electric grid is essential to meet Texans’ basic needs, but so is controlling extreme costs.

May 18, 2023

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Final Electricity Market Assessment Finds Performance Credit Mechanism Would Cost Consumers Billions Annually with No Guarantee of Any New Capacity

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,”...

May 17, 2023

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TXOGA Statement on House Passage of HB 5

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 &...

May 5, 2023

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TXOGA Announces Hiring of New Chief Economist

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...

May 3, 2023

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April: TXOGA Month in Review

Check out our Month in Review for April below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

May 1, 2023

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