As President Donald Trump touts economic and energy policies in Texas, the first quarter indicates ongoing challenges for the ...

AUSTIN, Texas — It may be hard to believe that it all began in a tiny place called Gladys City, a few miles from Beaumont in southeast Texas. It was there that a man named Anthony Lucas had a hunch.

AUSTIN According to just-released data from the Texas Oil & Gas Association (TXOGA), the Texas oil and natural gas industry paid $27 billion in state and local taxes and state royalties in fiscal year ...

After COVID-19 tanked oil prices, Texas’ oil and gas industry rebounded. By 2024, operators were drilling record amounts of oil. Each barrel sold for at least $70, bringing profits and momentum that ...