Texas Oil and Natural Gas Drive 10 Percent Increase in State Sales Tax Revenue

New data from the Texas Comptroller show state sales tax revenue increased over 10 percent in September 2017 compared to September 2016, totaling $2.4 billion. This significant growth in state tax revenue was led by increased spending in oil and gas sectors, along with an almost 36 percent jump in oil and gas production tax revenue, the Comptroller reports.  This revenue helps improve communities across Texas - funding local school districts, allowing for infrastructure investments, and supporting emergency services.

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Methane Emissions from Texas Oil and Gas Continue to Decline

Two of the most prolific oil and natural gas basins in the United States have experienced dramatic declines in methane emissions over the past five years, according to new data released by the U.S. Environmental Protection Agency (EPA).

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Energy Department Data Show Natural Gas Prevents More CO2 Emissions than Renewables

The increased use of natural gas has proven more effective at reducing carbon dioxide than renewables, according to the latest data from the U.S. Energy Information Administration (EIA).

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University Lands Generated $118 Million in Revenue from Largest Lease Sale Ever

The largest lease sale in University Lands’ history took place last week and resulted in $118 million in revenue, with over 43,000 acres of land leased for oil and gas development in West Texas’ Permian Basin. Held through an online auction platform, the sale resulted in an average leasing price of $2,700, with some lots going for more than $12,000, demonstrating once again the significant benefit oil and gas development delivers for Texas education.

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How Texas Pipelines Keep the Economy Pumping

More than 440,000 miles of pipeline exist in Texas, supporting 165,000 jobs and generating $1.6 billion in state and local tax revenue each year, according to a new white paper from Texans for Natural Gas.

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Texans for Natural Gas Fight Back Against Endangered Species Act Abuse

Members send hundreds of letters to defend Texas energy against extreme environmentalists.

Potential listing of Texas Hornshell, a freshwater mussel, as endangered or threatened could restrict oil and gas development in the Eagle Ford, Permian.

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Environmental Activist Leader Prayed For Harvey To Hit Texas Because Of Its Pipelines

Tim Pearce, The Daily Caller 09/07/2017

An American Indian environmental activist was “praying” Hurricane Harvey would hit Texas hard in order to disrupt the Valley Crossing Pipeline and cost energy companies more money, according to a Facebook post.

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Texas Drilling Permits up 60 Percent this Year as Permian and Eagle Ford See Growth

This week, the Texas Railroad Commission (RRC) released new data showing oil and natural gas drilling permits issued in Texas increased by over 60 percent in July 2017 compared to July 2016. Expectedly, the majority of permits were issued in West Texas’ Permian Basin; however, the number of permits issued for South Texas’ Eagle Ford was not insignificant, accounting for around 23 percent of the total. These numbers mirror production levels reported for each of the regions, with the Permian dominating oil production among shale plays nationwide and crude output from the Eagle Ford rebounding.

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Driven by Oil and Gas, Texas Leads the Country in Economic Growth

Texas has the fastest growing economy in the United States, according to the Bureau of Economic Analysis (BEA). The Lone Star State was driven by gains from the mining sector, which in Texas predominantly includes oil and natural gas extraction and related activities.

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Commentary: Research supports EPA's decision to reconsider Obama fracking rules

Last month, researchers published two major studies showing minimal environmental risks posed by oil and natural gas development. These peer-reviewed studies directly contradict two of the main claims leveled by environmental activists – namely, that fracking poses a significant risk to air quality and groundwater.

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Eagle Ford Study Shows Oil and Gas ‘Essential’ to the Livelihood of South Texas

The Eagle Ford Shale in South Texas supports over 100,000 jobs and is experiencing “renewed activity,” according to a new study from the University of Texas at San Antonio’s (UTSA) Center for Community and Business Research (CCBR). As Omar Garcia, president and CEO of the South Texas Energy and Economic Roundtable (STEER), said in the study’s press release,

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New Study Confirms Fracking Has Not Contaminated Groundwater in Texas

The Academy of Medicine, Engineering and Science of Texas (TAMEST) released a new study today that provides further confirmation that fracking is not contaminating groundwater in Texas.

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EIA Drilling and Productivity Report

The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil and natural gas wells to provide estimated changes in oil and natural gas production for seven key regions. EIA's approach does not distinguish between oil-directed rigs and gas-directed rigs because once a well is completed it may produce both oil and gas; more than half of the wells produce both.

 

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United States remains the world’s top producer of petroleum and natural gas hydrocarbons

The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and it has been the world's top producer of petroleum hydrocarbons since 2013, when its production exceeded Saudi Arabia’s.

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EPA Pauses Methane Rule as NOAA Study Finds Overstated Emissions from Oil and Gas

Methane emissions from oil and natural gas development may be far lower than previously thought, according to a new peer-reviewed study. Researchers led by Dr. Stefan Schwietzke with the National Oceanic & Atmospheric Administration (NOAA) found that previous high emissions estimates were based on measurements taken during peak events, and do not necessarily reflect average emission rates.

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USGS Study: Fracking Not a Major Risk to Drinking Water

new study from the United States Geological Survey (USGS) shows that hydraulic fracturing is not a significant source of chemicals and methane in drinking water wells. Instead, the researchers conclude that the low concentration of chemicals and methane in some drinking water wells is most likely naturally occurring.

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USGS: West Texas Spraberry Field Holds Over 4 Billion Barrels of Oil

Undiscovered oil resources in West Texas’ Spraberrry Formation are estimated to be over 700 percent larger than previously thought, according to a new assessment from the United States Geological Survey (USGS).

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Google Under Pressure to Recognize Anti-Fracking Activism as Fake News

Nationwide Petition Encourages Powerful Search Engine to Act

DALLAS, May 11, 2017 / PRNewswire-USNewswire/ -- Following Google's recent announcement that the company is making changes to its search engine algorithm to combat "the spread of blatantly misleading, low quality, offensive or downright false information," FrackFeed penned an open letter to Google asking the company to flag the misleading content on anti-fracking websites as fake news. FrackFeed is a project of Texans for Natural Gas, a pro-drilling advocacy group.

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Massive Economic Benefits from Texas LNG Export Facilities

Pro-energy, grassroots group launches petition to support natural gas exports from the Port of Brownsville

new report from Texans for Natural Gas provides a guide to the seven liquefied natural gas (LNG) export facilities that are currently proposed or under construction in Texas. America’s surplus of natural gas due to innovations in fracking and horizontal drilling, along with rising global demand, has made the Gulf Coast a prime location for LNG export facilities. The report, entitled “LNG Facilities in Texas: A Primer,” takes a closer look at these Texas projects and compiles data on their total economic impact. 

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USGS: Gulf Coast’s Bossier and Haynesville Formations Hold America’s Largest Continuous Natural Gas Resources

According to two new assessments from the United States Geological Survey (USGS), the Bossier and Haynesville Formations that stretch across the Gulf Coast, from Florida through East Texas and South Texas, are estimated to hold 304.4 trillion cubic feet (Tcf) of natural gas. These estimates represent the “largest continuous natural gas assessment” ever conducted by the agency in the United States – a finding so large it prompted Secretary of the Interior Ryan Zinke to tweet, HUGE!

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