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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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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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