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Texas O&G Tax Collections Continue Months-Long Increases Y/Y

Texas O&G Tax Collections Continue Months-Long Increases Y/Y

November 5, 2022 -- Natural gas and oil sales tax collected by the Texas Comptroller's office continued a months-long rise year-over-year during the month of October. The natural gas production tax collected last month of $410 million was up 59% when compared to October 2021. And the October oil production tax income was up $544 million, up 33% from October of last year. Motor fuel taxes, however, were down 3% year-over-year, at $312 million....  
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