Texas oil and gas taxes support schools and roads
The record $26.3 billion that the Texas energy industry paid last year in state and local taxes and state royalties gave crucial support to public schools, universities, roads and other services. That’s according to State Rep. Brooks Landgraf and the Texas Oil & Gas Association, who say the industry is providing more benefits than ever. “For decades Texas oil and gas have fueled our industries, powered our homes and driven our nation’s economy forward,” said Landgraf, R-Odessa, who chairs the Texas House Committee on Environmental Regulation in Austin. “And the...