Texas Oil and Gas Reserves Hit Low Point in Postwar Era
Texas oil and gas production supports 211 of 254 counties and employs 247000 workers. Royalty owners received 1.4 billion dollars as their share. 1974 production totaled 13.1 billion. Industry yields nearly 1 billion yearly in taxes for state and local governments. Copies of 75 Facts About Texas Oil and Gas available free from Dallas offices.
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