The Texas Oil & Gas Association (TXOGA) released its annual Energy & Economic Impact Report highlighting the industry s continued and unmatched economic impact, the Lone Star State s global energy leadership, and what is needed to continue meeting our nation and the world s energy needs.
In Fiscal Year (FY) 2022, the Texas oil and natural gas industry paid $24.7 billion in state and local taxes and state royalties—by far the highest total in Texas history—shattering the previous record of just over $16 billion set in 2019 by 54%.
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https://www.bicmagazine.com/industry/refining-petrochem/txoga-released-annual-energy-economic-impact-report/

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