TXOGAs Todd Staples Talks: A Texas State Budget Forecast from the Oil & Gas Perspective

width=280Texas Insider Report: AUSTIN Texas The 49 other states would trade immediately to be in our shoes Todd Staples president of the Texas Oil & Gas Association tells Insiders Jim Cardle. Let me restate that... Maybe 47 or 48 other states Im not sure about California or New York. But Texas State Legislators know that the State Budget difficulty theyre currently facing is because in 2015 oil & gas paid $13.8 billion dollars in State & Local Taxes or royalties. In 2016 that number declined to $9.4 billion Staples says.
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