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2023 Annual Energy & Economic Impact Report

Texas Oil and Natural Gas Industry Pays History-Making $26.3 Billion in State and Local Taxes, State Royalties Texas Rewrites its Oil & Natural Gas Record Book: Highest-Ever Totals in Production, Exports, Refining Outcomes, Crude Oil Supply, Tax Revenue TXOGA President Staples: “American Energy Leadership Starts in Texas” TXOGA Annual Energy & Economic Impact Report Shows:…

  • Energy Security, LNG, Studies and Data

TXOGA Economics and Energy Perspective – Q1 2025

AUSTIN – Texas’ production of oil, natural gas, and natural gas liquids achieved new record highs, and resource reserves should support decades of prospective production, according to a new monthly energy economics analysis prepared by Texas Oil & Gas Association (TXOGA) Chief Economist Dean Foreman, Ph.D.

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February: TXOGA Month in Review

Check out our Month in Review for September below to see how TXOGA was busy advocating for the Texas oil and natural gas industry

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Episode 26: State of the State

In this episode, TXOGA President Todd Staples provides an overview of Texas Governor Greg Abbott’s recently held 2025 State of the State address. He explains...

  • News

Episode 25: GLO Commissioner Dawn Buckingham, M.D.

In this episode, TXOGA President Todd Staples is joined by Texas General Land Office (GLO) Commissioner Dawn Buckingham, M.D., for an overview of the responsibilities...

  • Energy Security, LNG, Studies and Data

Texas Oil and Natural Gas Job and Wage Growth Continued in Q3 2024

AUSTIN – Texas’ production of oil, natural gas, and natural gas liquids achieved new record highs, and resource reserves should support decades of prospective production, according to a new monthly energy economics analysis prepared by Texas Oil & Gas Association (TXOGA) Chief Economist Dean Foreman, Ph.D.

  • Cleaner Stronger Better, Energy Security, LNG, Regulatory and Legislative

Op-Ed: Texas Oil and Natural Gas: A Lone Star Treasure and a National Asset

The Texas natural gas industry is a powerhouse, producing more natural gas than any other state in the nation—and the world is literally knocking at our door in energy need. In addition to cementing America’s energy security, Texas’ natural gas producers, pipelines, refiners, and exporters are playing an essential role in delivering stability in the form of affordable, reliable energy to our trade partners, even in times of continued global unrest.

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May 30, 2023

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

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May 19, 2023

Residential and Business Consumers Unite! Texans Demand Firm Caps on Performance Credit Mechanism Tax to Protect Electricity Ratepayers

AUSTIN – Organizations representing electricity consumers statewide are demanding a meaningful cap on the proposed Performance Credit Mechanism (PCM) scheme that will impose billions of dollars in increased costs for Texas consumers if left uncapped. The PCM offers no guarantee of increased capacity or improved reliability and lacks consumer protections and spending oversight.

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May 18, 2023

TXOGA Statement on HB 5 Senate Hearing

“Texas has long been a business leader, recently winning Site Selection’s Governor’s Cup for the 11th year in a row and being named the Best State for Business for a record 19 years in a row by Chief Executive Magazine.

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May 17, 2023

Final Electricity Market Assessment Finds Performance Credit Mechanism Would Cost Consumers Billions Annually with No Guarantee of Any New Capacity

AUSTIN – The proposed Performance Credit Mechanism (PCM) being considered among ERCOT market reform options “would entail billions in costs for customers without a meaningful improvement in reliability,” according to the final results of 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 analyses to law firms, companies, and government agencies.

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May 5, 2023

TXOGA Statement on House Passage of HB 5

AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued a statement on the House passage of HB 5, the Texas Jobs & Security Act, authored by Chairman Todd Hunter, which would create a new, modern economic development program

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March 11, 2025

TXOGA Economics and Energy Perspective – Q1 2025

AUSTIN – Texas’ production of oil, natural gas, and natural gas liquids achieved new record highs, and resource reserves should support decades of prospective production, according to a new monthly energy economics analysis prepared by Texas Oil & Gas Association (TXOGA) Chief Economist Dean Foreman, Ph.D.

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February 25, 2025

Episode 26: State of the State

In this episode, TXOGA President Todd Staples provides an overview of Texas Governor Greg Abbott’s recently held 2025 State of the State address. He explains...

Learn more

February 19, 2025

Texas Oil and Natural Gas Job and Wage Growth Continued in Q3 2024

AUSTIN – Texas’ production of oil, natural gas, and natural gas liquids achieved new record highs, and resource reserves should support decades of prospective production, according to a new monthly energy economics analysis prepared by Texas Oil & Gas Association (TXOGA) Chief Economist Dean Foreman, Ph.D.

Learn more

February 19, 2025

Op-Ed: Texas Oil and Natural Gas: A Lone Star Treasure and a National Asset

The Texas natural gas industry is a powerhouse, producing more natural gas than any other state in the nation—and the world is literally knocking at our door in energy need. In addition to cementing America’s energy security, Texas’ natural gas producers, pipelines, refiners, and exporters are playing an essential role in delivering stability in the form of affordable, reliable energy to our trade partners, even in times of continued global unrest.

Learn more

February 4, 2025

600+ Texans and 40+ Partner Organizations Gather in Austin for Texas Energy Day @ the Capitol

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 and chambers of commerce from across the state to reinforce the importance of the oil and natural gas industry to our state and nation’s economic and energy security.

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January 13, 2025

Op-Ed: Oil and Natural Gas Operational Preparations and Record Production, Storage and Pipeline Capacity Keep Texas Winter Ready

The Texas natural gas industry is a powerhouse, producing more natural gas than any other state in the nation—and the world is literally knocking at our door in energy need. In addition to cementing America’s energy security, Texas’ natural gas producers, pipelines, refiners, and exporters are playing an essential role in delivering stability in the form of affordable, reliable energy to our trade partners, even in times of continued global unrest.

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December 18, 2024

TXOGA Statement on the U.S. Department of Energy’s Report on the Impact of LNG Exports

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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