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 property tax relief through property tax rate compression:

“We appreciate Governor Abbott’s commitment to drive down school property tax rates. Broad rate compression of the property tax rate benefits all taxpayers in a uniform manner and every single taxpayer will be a winner. We thank the Senate and House for their commitment to meaningful tax relief and hope they will take swift action to drive down these rates through compression, as this is an equitable and effective means to deliver relief.”

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Founded in 1919, TXOGA is the oldest and largest oil and gas trade association in Texas representing every facet of the industry.

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September 26, 2024

AUSTIN - Texas’ production of oil, natural gas, and natural gas liquids (NGLs) achieved new record highs for the month of September after achieving record highs just one month earlier in August, according to the Texas Oil & Gas Association’s (TXOGA) monthly energy economic analysis prepared by TXOGA Chief Economist Dean Foreman, Ph.D. Further, as crude and NGL production has climbed, in-state refiners have processed record amounts.

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