• 50% of U.S. production occurs in Texas according to EIA data.

• 1.8 billion barrels of oil were produced in 2019, the largest amount in Texas history.*

• 10.1 trillion cubic feet of Texas natural gas was produced in 2019, surpassing a previous record from 1972.*

• TAXES & ROYALTIES: exceeded $162.9 billion between 2007-2020, including $13.9 billion last year.

• jobs: 347,529 Texans directly employed at an average salary of $129,000.

• EXPORTS: In 2019, the United States exported more petroleum products than it imported for the first time in recent history. Crude oil exports grew from 591,000 barrels per day in 2016 to 2.8 million barrels per day in 2019. America is the 8th largest exporter of crude oil and the 3rd largest exporter of liquified natural gas. About 80% of those exports were shipped through Texas ports.

• RESERVES: The U.S. Geologic Survey assessed a recent oil discovery in West Texas to be 46 billion barrels of oil. RS Energy Group estimates this find could actually be as large as 230 billion barrels. This is the largest find of oil and natural gas in the history of the world. To put this in perspective, proven oil reserves in the U.S. from Alaska to Brownsville were estimated to be 36.4 billion barrels in 2014.

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• CO2 Emissions: According to preliminary estimations by the Rhodium Group, CO2 emissions were down 21% below 2005 levels last year, continuing the trend highlighted by the U.S. Energy Information Administration’s report in 2019 which showed energy-related CO2 emissions declined eight out of the last twelve years.

• Flaring: In January 2019, 2.38% of all gas produced in Texas was flared or vented. By January 2020, before the pandemic, that number had declined to 1.46%. By January 2021, 0.72% of all gas produced in Texas was flared or vented. This means over 99% of natural gas produced in Texas went to beneficial use.

• Protecting Groundwater: The Railroad Commission conducted a review of nearly 63,000 injection-well applications since 1982. The findings of the review confirmed permitted injection wells areN’t polluting sources of underground drinking water or potential sources of underground drinking water. The study was commended by the EPA.

• SHOULD WE BAN FRACKING? Hydraulic fracturing (or "fracking") is a drilling technique used to create cracks in shale rock formations deep underground so that crude oil and natural gas can flow to the surface. According to a study published by the U.S. Chamber of Commerce, a ban on fracking would kill 3.2 million jobs and cost Texas $1.5 trillion in GDP between 2021-2025. A recent report by the White House Council of Economic Advisors estimated fracking saves American families $2,500 a year on gasoline and electric bills.