Texas Independent Producers & Royalty Owners Association: Oil, Gas Tax Revenue Critical in Supporting Texas Budget Priorities
July 30, 2020
July 30, 2020
AUSTIN, Texas, July 30 -- Texas Independent Producers and Royalty Owners Association issued the following statement by President Ed Longanecker:
According to an updated economic forecast released by Texas Comptroller Glenn Hegar on July 20, the state is projected to end the current fiscal cycle with a $4.58 billion budget shortfall. In a revised Certification Revenue Estimate (CRE), the comptroller said the coronavirus (COVID-19) pandemic and volatility in energy prices have taken a . . .
According to an updated economic forecast released by Texas Comptroller Glenn Hegar on July 20, the state is projected to end the current fiscal cycle with a $4.58 billion budget shortfall. In a revised Certification Revenue Estimate (CRE), the comptroller said the coronavirus (COVID-19) pandemic and volatility in energy prices have taken a . . .