Texas oil and natural gas producers are paying record amounts in production taxes

Texas oil and natural gas producers are paying record amounts in production taxes

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AUSTIN—Texas Comptroller Glenn Hegar’s recently-released tax collections data reveals that Texas oil and natural gas producers are paying record amounts in production taxes to the state of Texas. According to the comptroller’s data, in April, Texas oil producers paid a record $666 million to the state in oil production taxes, the highest amount in history. At $595 million, May c...

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