August 13, 2021
By William R. Keffer, Janet Scivally and David Copeland Endowed Professor of Energy Law – Texas Tech University School of Law
Question: What is the one essential thing that we all need – and expect – all the time in everything we do, and yet know precious little about?
Answer: Energy.
In an era of having access to all past and present knowledge ever created in all of recorded history,…
August 11, 2021
AUSTIN – The White House today called on OPEC and its allies to increase oil production to alleviate rising gas prices felt across the nation – while actively discouraging oil and natural gas production in the United States.
“Our nation is the leading producer of oil and natural gas providing affordable and reliable energy. Our companies employ millions of Americans and are the primary funders in many states of roads,…
Tuesday, August 10, 2021
The following can be attributed to Todd Staples, president of the Texas Oil and Gas Association:
“Protecting and improving the environment is of utmost importance to the Texas oil and natural gas industry, and focusing on policies and operations that deliver meaningful results toward environmental progress is key. Investments in pioneering innovations and technologies have yielded steadfast climate progress, including the U.S….
August 2, 2021
Last week, the Railroad Commission of Texas (RRC) released new data showing Texas oil and natural gas production continues to show a downward trend in flaring intensity. According to numbers released from the agency, “the percentage of natural gas flared compared to the natural gas produced from oil and gas wells in Texas dropped from a high of 2.29% in June 2019 to 0.65% in May 2021….
July 28, 2021
RBN Energy, LLC recently posted a recap of a UT symposium on natural gas performance during Winter Storm Uri, outlining the discussions had during the event “2021 Texas Energy System at the Crossroads: Lessons in the Wake of Major Storms.” RBN’s recap of the symposium – “Can We Just Talk? – Symposium Explores How Natural Gas Fits Into ERCOT Reliability” –…
July 22, 2021
Oil and natural gas job growth generates jobs elsewhere in the economy
AUSTIN – Data from the Texas Workforce Commission suggests that Texas upstream oil and natural gas employment expanded by 3,100 jobs in June – the fifth best single-month performance in over five years. Since the low point in employment in September 2020, months with job gains have outnumbered decline months 7-to-2….
July 20, 2021
AUSTIN – The Texas Oil and Gas Association (TXOGA) and the American Petroleum Institute (API) today released a new analysis of the oil and natural gas industry’s vast economic impact on Texas’s economy and highlighted its importance to the state’s post-pandemic recovery. The study, conducted by PricewaterhouseCoopers (PwC) and based on the latest government data available, shows that Texas’s oil and natural gas industry directly and indirectly supported over 2.5 million total jobs across the state’s economy in 2019….
July 19, 2021
In an article last week, the Houston Chronicle writes on a recently-released report by the University of Texas (UT) titled, “The Timeline and Events of the February 2021 Texas Electric Grid Blackouts.” But rather than reporting the full nature of the report’s content, the paper instead cherry-picks only certain parts of the study, leaving the reader with an incorrect and unsubstantiated view of what the actual report conveyed about the role of natural gas and other power sources during Winter Storm Uri….
June 22, 2021
Texas Upstream Oil and Natural Gas Sector Continues to Add Jobs
Staples: “Gains are welcome news, caution exists as world readjusts to increased demand”
AUSTIN – Data from the Texas Workforce Commission suggests that Texas upstream oil and natural gas employment expanded by 1,600 jobs in May (compared to April), continuing its recovery that began last October. Since the low point in employment in September 2020,…
June 21, 2021
AUSTIN – Todd Staples, president of the Texas Oil & Gas Association, issued the following statement after SB 601, which creates the Texas Produced Water Consortium at Texas Tech University to study the beneficial use of produced water specifically focusing on the economics, technology and impact on environmental and public health, was signed into law by Governor Abbott:
“Today’s oil and natural gas companies are technology companies,…