Texas oil and natural gas companies are fueling our lives and funding our state and local budgets. From production to pipelines, to refineries and ports, new technologies and innovations allow for safer, more efficient, and less impactful energy production, all while employing hundreds of thousands of Texans in good-paying jobs and providing funding for our schools, roads and first responders.
The industry’s success is the reason our state’s Rainy Day Fund is predicted to be a record-setting $15.4 billion. It’s the reason our Permanent School Fund is the largest educational endowment in the nation. And it’s the reason the Texas Department of Transportation has billions of newly generated dollars to invest in transportation infrastructure across the state.