Staples: A smart fix for oil and gas regulation in Texas

4-13-2015

April 13, 2015

Safe communities and oil and gas activity have co-existed in Texas for more than 100 years. The productive relationships between communities and oil and gas companies have played a significant role in Texas’ success as an oil and gas state.

Today, that legacy is at risk as some cities adopt arbitrary rules that stop oil and gas development either through an outright ban or by imposing excessive regulations that make production unfeasible….

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Staples: 2014 Texas Oil and Gas Taxes and Royalties Hit $15.7 Billion

3-14-2015

March 14, 2015

The oil and gas industry’s economic impact on Texas has reached historic levels.

In 2014, Texas oil and natural gas delivered a record $15.7 billion in state and local taxes and royalties, the highest such collection from the oil and gas industry in Texas history.

Beyond its iconic imagery, the oil and gas industry has a long and continuing legacy of providing billions of dollars in tax revenue each year that directly funds our schools,…

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