How Does Texas' Budget Use Taxes From Oil And Natural Gas Production?
Alex Samuels | The Texas Tribune | January 5, 2018
In the 2017 budget year, the oil production tax gave the state more than $2 billion in revenue, while the natural gas production tax brought in a little less than $1 billion. But where does this money go?
Pipeline Projects Move Ahead To Tackle Rising Texas Shale Output
Bryan Sims | Reuters | December 29, 2017
HOUSTON (Reuters) - Several oil pipeline companies this month agreed to move ahead on multi-billion-dollar projects that would link Texas shale fields to Gulf Coast export hubs, offering new outlets for burgeoning output expected in 2018.
Read moreTrump Administration Proposes Massive Increase In Off-shore Drilling
Ledyard King | USA Today | January 4, 2018
WASHINGTON — The Trump administration is proposing to open up 90% of the Outer Continental Shelf off the U.S. coast to oil and gas exploration, the largest single expansion of off-shore drilling activity ever proposed.
Read moreCrude Oil Exports: The Biggest Oil Story of 2017
Nick Cunningham | USA Today | December 31, 2017
There have been plenty of eye-catching stories in the energy industry this year, but one notable development has been the rise of the U.S. as a crude oil exporter.
Read moreTexas Households Pay Less for Energy as Power Grid Uses More Natural Gas
Texas families are reaping the benefits of the fracking boom in the form of lower monthly energy bills, according to a new analysis by Texans for Natural Gas.
Read moreThe U.S. Is Exporting Oil and Gas at a Record Pace
Laura Blewitt | Bloomberg Markets | December 12, 2017
The world’s largest oil consumer exported more hydrocarbons than ever before in 2017 and shows no signs of slowing down.
Read moreChristmas - Brought To You By Oil & Natural Gas
How big of a role does the oil and natural gas industry play in your Christmas traditions? Scroll down to find out.
Read moreU.S. Natural Gas Exports Did Not Cause Domestic Price Spike
Increased exports of natural gas have not led to increases in domestic natural gas prices in the United States, according to a review by Texans for Natural Gas. The finding contradicts prior government modeling and claims from environmental critics, who have warned repeatedly against approving LNG export facilities on the basis that they would cause price spikes for consumers.
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