Author: Stephen Chang

Upstream Texas Oil and Natural Gas Employment Sees Continued Growth in June

AUSTIN – Despite a falling Texas rig count, newly-released data from the Texas Workforce Commission (TWC) shows that upstream oil and natural gas employment in the state continued to grow in June, with industry adding an additional 2,500 jobs.

CONTINUE READING Upstream Texas Oil and Natural Gas Employment Sees Continued Growth in June 1 min read

2023 TXOGA North Texas Energy Summit Features Former U.S. Secretary of Energy Dan Brouillette, State Leaders, Energy and Economic Experts

FORT WORTH – Former U.S. Secretary of Energy Dan Brouillette today headlined the 2023 Texas Oil & Gas Association (TXOGA) North Texas Energy Summit where business and community leaders from across North Texas convened to hear from state and federal leaders as well as energy and economic experts.

CONTINUE READING 2023 TXOGA North Texas Energy Summit Features Former U.S. Secretary of Energy Dan Brouillette, State Leaders, Energy and Economic Experts 1 min read

Upstream Texas Oil and Natural Gas Employment Surges in May with Highest Single-Month Growth

AUSTIN – Newly-released data from the Texas Workforce Commission (TWC), subject to customary data revisions in the coming months, shows that upstream oil and natural gas employment in the state surged by 6,900 jobs in May, the highest single-month reported job growth in the 33 years of data available on TWC’s website.

CONTINUE READING Upstream Texas Oil and Natural Gas Employment Surges in May with Highest Single-Month Growth 1 min read

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

CONTINUE READING TXOGA Statement on Governor Abbott’s Call for a Special Legislative Session Prioritizing Property Tax Relief 1 min read
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TXOGA Safety Group Members Earn $2.12 Million Dividend from Texas Mutual

AUSTIN – The Texas Oil & Gas Association’s (TXOGA) Safety Group today announced that companies who are members collectively earned $2.12 million in dividends from Texas Mutual Insurance Company for prioritizing workplace safety and keeping the group’s loss ratio low.

CONTINUE READING TXOGA Safety Group Members Earn $2.12 Million Dividend from Texas Mutual 1 min read

Upstream Oil and Gas Employment Continues Growth in April, Nears 200,000

AUSTIN – Data released by the Bureau of Labor Statistics and Texas Workforce Commission indicates that upstream oil and natural gas employment in Texas saw continued growth in April, edging up by 700 jobs and bringing the job count to within striking distance of 200,000 for the first time in over three years.

CONTINUE READING Upstream Oil and Gas Employment Continues Growth in April, Nears 200,000 1 min read

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.

CONTINUE READING Residential and Business Consumers Unite! Texans Demand Firm Caps on Performance Credit Mechanism Tax to Protect Electricity Ratepayers 5 min read

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.

CONTINUE READING Final Electricity Market Assessment Finds Performance Credit Mechanism Would Cost Consumers Billions Annually with No Guarantee of Any New Capacity 3 min read

TXOGA Joins Industry Groups In Creation of Texas CARES

AUSTIN – Earlier this month, the Texas Oil & Gas Association (TXOGA), along with industry groups such as the Texas Association of Manufacturers (TAM), Texas Chemical Council (TCC) and Texas Industrial Energy Consumers (TIEC) formed a new coalition called Texas Consumers for Affordable and Reliable Electricity Solutions (Texas CARES).

CONTINUE READING TXOGA Joins Industry Groups In Creation of Texas CARES 1 min read

Upstream Oil and Natural Gas Employment in Texas Sees Growth in March

AUSTIN – Data released by the Bureau of Labor Statistics and Texas Workforce Commission indicates that upstream oil and natural gas employment in Texas saw growth in March, with the sector adding an additional 1,500 jobs.

CONTINUE READING Upstream Oil and Natural Gas Employment in Texas Sees Growth in March 1 min read

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