(The Center Square) – The Texas oil and natural gas industry paid $27 billion in state and local taxes and state royalties in fiscal 2025. It was the second highest total the industry paid in recorded ...
AUSTIN, Texas — It may be hard to believe that it all began in a tiny place called Gladys City, a few miles from Beaumont in southeast Texas. It was there that a man named Anthony Lucas had a hunch.
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ODESSA — After COVID-19 tanked oil prices, Texas’ oil and gas industry rebounded. By 2024, operators were drilling record amounts of oil. Each barrel sold for at least $70, bringing profits and ...
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