Texas oil and gas production taxes break records again

Texas oil and gas production taxes break records again

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AUSTIN—Texas Comptroller Glen Hegar’s recently released tax collections data indicates Texas oil and natural gas producers continue to pay record amounts in production taxes to the state of Texas, reaching all-time highs in July. According to the comptroller’s data, in July, Texas oil producers paid $694 million in production taxes to the state, the highest monthly collection on...

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