AUSTIN – The Texas Oil and Gas Association (TXOGA) and the American Petroleum Institute (API) today released a new analysis of the oil and natural gas industry’s vast economic impact on Texas’s economy and highlighted its importance to the state’s post-pandemic recovery.
Author: rtison@raconteur.com
New Analysis: Texas Oil and Natural Gas Industry Drives U.S. Economic Recovery, Strengthens All Industries
Houston Chronicle Article on UT Report Belongs in Opinion Section, not Business
In an article last week, the Houston Chronicle writes on a recently-released report by the University of Texas (UT) titled
Texas Upstream Oil and Natural Gas Sector Continues to Add Jobs
AUSTIN – Data from the Texas Workforce Commission suggests that Texas upstream oil and natural gas employment expanded by 1,600 jobs in May (compared to April), continuing its recovery that began last October. Since the low point in employment in September 2020, months with job gains have outnumbered decline months 6-to-2.
TXOGA Applauds Law Creating Texas Produced Water Consortium
AUSTIN – Todd Staples, president of the Texas Oil & Gas Association, issued the following statement after SB 601, which creates the Texas Produced Water Consortium at Texas Tech University to study the beneficial use of produced water specifically focusing on the economics, technology and impact on environmental and public health, was signed into law by Governor Abbott
New Law Reforms Eminent Domain to Ensure Essential Infrastructure Can Be Built While Better Protecting Private Property Rights
Several years of negotiations and commitment from infrastructure industries to address concerns of landowners have resulted in a carefully crafted law that strikes the right balance between protecting private property rights while ensuring the essential infrastructure needed for a growing Texas can continue to be built.
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TXOGA Looks Forward to Continued Work With TexNet On Seismicity With Passage of HB 632 Into Law
AUSTIN – Todd Staples, president of the Texas Oil & Gas Association, issued the following statement following the signing into law of HB 632, which recreates in statute the TexNet Technical Advisory Committee within the University of Texas Bureau of Economic Geology