TXOGA Statement on Deal Regarding Steel Tariffs

May 20, 2019

AUSTIN-The following can be attributed to Todd Staples, president of the Texas Oil and Gas Association:

“This agreement is welcome news for the Texas oil and natural gas industry, whose phenomenal growth is generating billions of dollars in state revenues to fund our schools, roads and first responders and helping to achieve a cleaner, stronger energy future for our country. Texas is producing unprecedented amounts of oil and natural gas and we need specialty steel, which isn’t produced in large quantities in the U.S., to build pipelines to move product to Texas refining complexes and the gulf coast. These tariffs were a threat to the continued domestic production of oil and natural gas and our industry’s ability to meet the energy needs of our state, nation and beyond.”