News

Texas Petro Index Drops Sharply From March to April

Record One-Month Oil and Gas Job Loss and Crude Oil Production Decline

AUSTIN, Texas (June 10, 2020)—The Texas Alliance of Energy Producers’ Texas Petro Index (TPI) dropped steeply from March to April as the state’s oil and gas economy began to register the full effects of COVID-19, the Saudi-Russian price war, and the resulting economic shutdown. The TPI is a monthly measure of growth rates and cycles in the Texas upstream oil and gas economy, based on indicators such as price, rig count, drilling permits, well completions, and employment. The index is based at 100.0 in January 1995.
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Texas Alliance of Energy Producers Names Jason Modglin as New President

AUSTIN, Texas (June 3, 2020)—Boosting its advocacy powers during these historic times, the Texas Alliance of Energy Producers (the Alliance) has hired Jason Modglin as its new President. He brings a wealth of regulatory and legislative experience to the position. For the past decade, Modglin has been at the forefront of the most pressing oil and natural gas policy issues facing Texas and the nation.
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Texas Alliance Working With DOE to Solve Key Energy Issues, World Oil, May 21, 2020

AUSTIN, Texas  (May 26, 2020)—The Texas Alliance of Energy Producers held a virtual meeting on May 20 to provide its members, and invited guests, an update on problem issues that the association is working to solve.  Alliance Executive Vice President Karr Ingham moderated the one-hour event and discussed progress on the association’s initiatives with executive staff members from the U.S. Department of Energy.
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MSU Texas Creates Video Thanking Industry for Ongoing Support

WICHITA FALLS, Texas (May 11, 2020)—The Alliance, as well as numerous oil and gas companies, have been strong supporters of Midwestern State University (MSU Texas) for many years. Many buildings and programs on campus are named in honor of current and former members of the Alliance.
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