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Texas Oil and Natural Gas: Industry Strength and a National Milestone - Texas Oil & Gas Association

Summary by TXOGA
The following was written by Dean Foreman, Ph.D., Chief Economist at the Texas Oil & Gas Association (TXOGA): Data can cut through the noise and challenge prevailing narratives. So far in 2025, concerns over slowing global growth, lower oil and natural gas prices, and persistent geopolitical uncertainty have fueled expectations of industry belt-tightening—fewer jobs, reduced capital spending, and renewed recession fears. Yet the evidence in Texa…
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TXOGA broke the news in on Tuesday, May 27, 2025.
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