May 25, 2016
Hrap provided a historical context for the current industry downturn; detailed the prospects for a recovery; and took the audience through the industry’s response and the role states can play to foster pragmatic regulations moving forward.
May 12, 2016
Have you ever wondered how the world would look without fossil fuels? While it may be tough to visualize, Go Compare has created a few maps to give you a clearer picture. The series of maps shows how the earth would look if fossil fuel energy, nuclear and/or renewable power sources were turned off, one by one.
April 25, 2016
April was a busy month for energy education in the Lone Star State. From hosting teacher workshops to inspiring students to explore oil and gas careers to recognizing extraordinary math teachers, our company’s efforts made an impact in schools across the state.
April 13, 2016
Bloomberg recently released a data visualization of the startling decrease in the number of active wells in the U.S. And, in fact, rig counts are at the lowest they’ve been in 75 years. While that may not seem like information that impacts your daily life, the reality is that each of these rigs supports dozens or even hundreds of jobs lost. And that’s not all.
April 7, 2016
Our industry is highly regulated. These regulations ensure we operate in a safe, responsible manner to protect our employees, communities where we operate and the environment. However, the Department of the Interior’s Bureau of Land Management (BLM) has proposed a new rule to limit natural gas venting and flaring that could have the unintended effects of reducing production in our operating areas, thus preventing associated state revenues.
March 24, 2016
It’s not a secret that Texas is America’s top oil and natural gas producing state. But what that means economically isn’t that well known. Recently released data from the Texas Oil & Gas Association (TXOGA) shows that the industry paid $13.8 billion in state and local taxes and state royalties in fiscal year 2015.
Even if you never get behind the wheel of an automobile, or set foot on public transportation, your daily life is touched by materials derived from oil and natural gas.