Article Image

IPFS News Link • Oil

Texas Sets New Record for Oil Production

• arclein

The oil and gas independent producers drive the energy economy directly benefiting Texas and its residents. Between 2010 - 2018, total state taxes and state royalty payments paid by the oil and gas industry in Texas exceeded $100 billion. These funds have continued to support all aspects of the state economy, including schools and education, infrastructure investment, water conservation programs and first responders, to name a few. Additionally, Texas is home to approximately 2.5 million mineral owners, of the 12.5 million mineral owners in the U.S., with oil and gas royalties ge


www.universityofreason.com/a/29887/KWADzukm