AUSTIN – Data released by the Bureau of Labor Statistics and Texas Workforce Commission indicates that upstream oil and gas employment in Texas continues to grow, with the sector adding an additional 1,700 jobs in January. “Oil and natural gas jobs continue to grow in Texas, a testament to industry’s commitment to producing the irreplaceable
Tag: news
Hundreds of Texans, 60+ Partner Organizations Gather in Austin for Texas Energy Day @ the Capitol
Texas Oil & Natural Gas Employees, Supporters and Partners Showcase Technology, Innovation and Pride Through Interactive Displays, Meeting with Legislators AUSTIN – Hundreds of Texans, including employees, partners and supporters of the Texas energy industry, convened in Austin today for Texas Energy Day @ the Capitol, an event sponsored by more than 60 companies, associations
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TXOGA Statement in Support of Texas Jobs and Security Act
AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued the following statement in support of HB 5, the Texas Jobs and Security Act filed by Chairman Todd Hunter: “Thank you to Texas House Speaker Dade Phelan and Chairman Todd Hunter for moving the Lone Star State in the right
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Newly Published Assessment Finds Performance Credit Mechanism Would Cost Consumers $5.7 Billion Annually; Dispatchable Reliability Reserve Service Would be More Effective at a Fraction of the Cost
AUSTIN – The proposed Performance Credit Mechanism being considered among ERCOT market reform options, “would entail billions in costs for customers without a meaningful improvement in reliability,” according to an Assessment of ERCOT Market Reform Alternatives, prepared by Bates White Economic Consulting, a firm with 25-years of experience in providing advanced economic, financial, and econometric
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TXOGA Statement in Support of Legislation Protecting Energy Choice
AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued the following statement in support of SB 1017 filed by Senator Brian Birdwell and HB 2374 filed by Representative Brooks Landgraf: “Oil and natural gas are irreplaceable in making our modern lives not only possible, but undeniably better,” said Staples.
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Op-Ed: Oil and Natural Gas Key to Texas’ Prosperity
The following op-ed was written by Todd Staples, president of the Texas Oil & Gas Association, and was originally published by the Rio Grande Guardian on February 1, 2023: The Texas oil and natural gas industry continues to play an extraordinary role in our state’s economy, security, and stability. In fiscal year 2022, the Texas
TXOGA Winter Weather Situation Report
A PDF version of the situation report can be found here. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Across the U.S. natural gas production is holding steady and is forecasted to increase while power demand is beginning to decrease. Texas natural gas production, processing, transmission, and storage sectors continues to perform. Overall, according to RBN Energy,
TXOGA Winter Weather Situation Report
A PDF version of the situation report can be found here. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Texas natural gas production, processing, transmission, and storage sectors continue durable performance due to industry efforts. Production has held steady. RBN Energy estimates Texas production for Wednesday, February 1 to be 24.6 BCF. Downed power lines and road
TXOGA Winter Weather Situation Report
A PDF version of the situation report can be found here. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Texas natural gas production, processing, transmission, and storage sectors continue durable performance due to industry efforts. According to S&P Global Platts, the 30-day average for Texas onshore production is expected to be strong on Tuesday, January 31, with
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What They’re Saying: State Leaders Respond to Release of TXOGA’s Energy & Economic Impact Report
AUSTIN – The Texas Oil & Gas Association (TXOGA) yesterday released its annual Energy & Economic Impact Report highlighting the industry’s continued and unmatched economic impact, the Lone Star State’s global energy leadership, and what is needed to continue meeting our nation and the world’s energy needs. In Fiscal Year (FY) 2022, the Texas oil