Texas Petro Index: Oil and Gas Industry Contracts, Production Still Increases in Texas in 2019

HOUSTON, Texas (Jan. 28, 2020)—2019 was a year of contraction in the Texas upstream oil and gas economy according to the Texas Alliance of Energy Producers Texas Petro Index. The index achieved its cyclical peak in February and declined for 10 straight months to finish the year at 193.6 in December, down 9.1% from the December 2018 TPI of 213.1. Through December, the Texas Petro Index has lost 9.4% of its value since the February cyclical peak. “The TPI was actually first knocked off its growth track in the fourth quarter of 2018 with sharp declines in crude oil prices, but then recovered in early 2019 before embarking on a sustained decline for the balance of the year,” said Karr Ingham, Alliance Petroleum Economist and creator of the Texas Petro Index. Ingham released the results of the year-end 2019 Texas Petro Index at a news conference in Houston on Tuesday.

Executive Summary: Sustainable Produced Water Policy, Regulatory Framework, and Management in the Texas Oil and Gas Industry: 2019 and Beyond

AUSTIN, Texas (Sep. 23, 2019)—

Introduction: What’s at Stake

In recent years, the United States (US) has achieved historic global oil and gas production and has largely accomplished the goal of becoming energy independent. Texas has firmly established itself as the national leader in both crude oil and natural gas production and petroleum energy supply growth. Energy and water are inextricably bonded in achieving this feat. To assure US energy production dominance, it will be imperative for the Texas oil and gas industry as the national leader to continue to use water wisely and sustainably.

Subcommittee Hearing: Oil and Gas Development: Impacts of Water Pollution Above and Below Ground

AUSTIN, Texas (Aug. 10, 2019)—Subcommittee on Energy and Mineral Resources Date: Thursday, May 16, 2019 Time: 10:00 AM Location: Longworth House Office Building 1324 Presiding: The Hon. Alan Lowenthal

Congress, Look at Texas for the Facts on Fracking

By John Tintera

AUSTIN, Texas (May 17, 2019)—On Thursday, the House Subcommittee on Energy and Mineral Resources will hold a hearing to investigate whether oil and gas drilling causes water pollution. It's a very important topic. If drilling pollutes our drinking water, new restrictions would obviously be needed to safeguard public health.