TXOGA Statement: Ukraine Invasion Underscores Importance of Strong Domestic Energy Production

The following can be attributed to Todd Staples, president of the Texas Oil & Gas Association:

“The invasion of Ukraine is extremely concerning, and we hope for a quick resolution. This conflict and the impact on global markets underscore the importance of strong domestic energy production. National security is directly tied to energy security, and we need policies that do not curtail infrastructure or investment in oil and natural gas development. If Texas were its own country, we would be the world’s third largest natural gas producer, behind only the United States and Russia, so our state plays an important role in ensuring energy stability. Texas-produced natural gas is driving economic and environmental progress, safeguarding our national energy security, and providing critical fuel supplies for our trade partners across the globe.”

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November 22, 2024

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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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.

November 11, 2024

In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by U.S. Oil & Gas Association...

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