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Episode 23: 2024 Annual Energy & Economic Impact Report

In this episode, TXOGA President Todd Staples and Chief Economist Dean Foreman, Ph.D., discuss TXOGA’s newly released annual Energy & Economic Impact Report, which found that the Texas oil and natural gas industry again shattered records by paying $27.3 billion in state and local taxes and royalties as well as breaking numerous production records. Tune in as they discuss the benefits that oil and natural gas activity have on the state, reasons for the industry’s success over the past year and what needs to be done to ensure that Texas remains the energy leader.

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TXOGA: 2024 Annual Energy & Economic Impact Report

TXOGA: Economic Insights

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Related Updates

January 30, 2024

2023 Annual Energy & Economic Impact Report

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March 28, 2025

Texas Oil and Natural Gas Upstream Jobs Up by 1,900 in February

AUSTIN – Newly-released data from the Texas Workforce Commission (TWC) indicates that upstream oil and natural gas employment rose by an additional 1,700 jobs in September. These new numbers extend the strength of 2023’s job growth to date, with 14,300 jobs added so far this year.

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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...

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