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US oil and gas benefited economy despite challenges

Mella McEwen, MRT.com/Midland Reporter-Telegram

Jan. 31, 2023

Drilling rigs and wind turbines visible near Interstate 20 in March 2022 in Stanton, Texas. MANDATORY CREDIT: The Oilfield Photographer, Inc.

The Oilfield Photographer Inc./The Oilfield Photographer, Inc.

A detailed study of the state of energy in both the US and Texas has been released by the Texas Independent Producers & Royalty Owners Association. The association offered its eighth-annual analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for ​the energy industry in 2022.

“Despite facing a number of unique challenges, including supply chain bottlenecks, inflationary pressures, workforce shortages and an adversarial federal policy environment, the U.S. oil and gas industry continued to offer…

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