Weekly Update: May 3, 2019
Friday, May 03, 2019
Texans for Natural Gas
See what we've been up to this week!
May 3, 2019
There’s little doubt that oil production provides significant economic benefits in Texas – from record low unemployment in the Permian Basin to generating billions of dollars in state and local tax revenue. But what may be less appreciated is how exports of crude oil are enhancing these benefits, all while helping to reduce our national trade deficit.
Workers at oil and gas companies ranked near the top in median pay, as shale boom squeezed already tight labor market. It was a fruitful year for the rank and file at oil-and-gas companies, from Exxon Mobil Corp. to Phillips 66.
Increased natural gas consumption has generated a truly incredible story for the environment as U.S. greenhouse gas emissions have fallen to their lowest levels since 1992. But the air quality improvements go even further, as a new Energy In Depth analysis shows: The U.S. oil and gas industry is also making incredible progress in reducing methane emissions as production surges in America’s top shale basins.
Pipelines are the safest, most environmentally responsible method of transporting oil and natural gas. With over 2.5 million miles of pipeline crisscrossing the United States and roughly 466,000 miles of pipeline throughout the state of Texas, pipelines play a crucial role in ensuring safe, efficient delivery of the energy we use every day.
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In Case You Missed It
Across the United States, there are more than 2.4 million miles of pipelines that communities from coast to coast depend on every day. But what goes into building and operating a pipeline? What happens when the products get to market?
Check out our pipelines website to learn all about pipelines!