Oil Companies Continue To Employee Texans

Longview News-Journal | November 7, 2017

Texas oil companies have hired about 30,000 workers in the past year, a sharp turnaround after laying off a third of the industry's statewide workforce during the oil bust that began in late 2014.

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Streak of Improved Upstream Industry Health in Texas Reaches 10 Straight Months

David Bradley | Natural Gas Intel | November 6, 2017

Texas oil and natural gas activity sustained a modest expansion in September, marking the 10th consecutive month of improvement, as the state's producers continue to recover, according to the Texas Petro Index (TPI), a barometer of upstream health.

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Bowling Green Residents Reject Initiative That Would Ban Future Pipelines

Tom Henry | The Blade | November 7, 2017

BOWLING GREEN — A citizen-led ballot initiative that calls for a ban on more pipelines transporting natural gas and other fossil fuels through city-owned property was soundly rejected by Bowling Green voters.

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Trial Lawyers' Relentless War On Manufacturers Kills Jobs, Lowers Standards Of Living

Linda Kelly | Investor's Business Daily | November 7, 2017

Trial lawyers are waging a reckless assault against American manufacturers in pursuit of a fat payday for themselves. If successful, their relentless quest will have enormous consequences for American workers, shareholders, and consumers.

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Court Upholds Approvals of 3 Projects to Export Natural Gas

Matthew Daly (Associated Press) | Tyler Morning Telegraph | November 1, 2017

WASHINGTON (AP) - A federal appeals court on Wednesday upheld Energy Department decisions approving three projects to export liquefied natural gas, a boost for the Trump administration's strategy to increase energy production and promote exports.

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Exports Giving U.S. Crude a Place to Go

Jordan Blum | Houston Chronicle | November 3, 2017

Houston pipeline and export terminal giant Enterprise Products Partners is nearing completion of its 416-mile Midland-to-Sealy pipeline to carry shale oil from West Texas' booming Permian Basin to the Houston area.

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U.S. Chemicals Are Rocketing Back

Jack Kaskey | Bloomberg Businessweek | November 3, 2017

A decade ago, chemicals were just another fading U.S. manufacturing business. Companies were reluctant to invest in new factories because of soaring prices for the oil and natural gas that serve as both raw materials and power sources. Dow Chemical and others were closing plants and moving production to the Middle East to save money. “The conventional wisdom was we are not going to produce a lot of petrochemicals here,” says Kevin Swift, chief economist at the American Chemistry Council, an industry group.

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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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