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Texas Oil Crash Cuts State Revenue Across Five Years
Houston report notes a five year line of crude oil production decline since 1986 with a potential loss near two billion dollars absent gains from natural gas and liquids. It cites proration limits, market demand, and a state sales tax pivot as the revenue pinch widens amid low prices and output.
MENTIONED IN THIS ARTICLE
Houston
Texas
Bae
U.S
Railroad Commission
Prndisore
Paramera