{"id":1762997,"date":"2022-12-05T08:15:02","date_gmt":"2022-12-05T13:15:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1762997"},"modified":"2022-12-05T08:18:12","modified_gmt":"2022-12-05T13:18:12","slug":"texas-leads-the-u-s-in-energy-production","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/texas-leads-the-u-s-in-energy-production\/","title":{"rendered":"Texas Leads the U.S. in Energy Production"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftexas-leads-the-u-s-in-energy-production%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1762997&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/justthenews.com\/sites\/default\/files\/styles\/social_media_share\/public\/2021-03\/GettyImages-1198792783.jpg?h=119335f7&#038;itok=jDrkAj6H\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p>Texas continues to lead the U.S. in energy production, led by the oil and natural gas industry.<\/p>\n<p>In 2021, Texas crude oil accounted for 43% of all U.S. production and 25% of all marketed natural gas production.<\/p>\n<p>Texas also has the greatest number of crude oil refineries and the greatest refining capacity of any state in the U.S. Texas\u2019 31 petroleum refineries can process a combined nearly 5.9 million barrels of crude oil a day (b\/d) \u2013 32% of America\u2019s refining capacity, as of January 2021, according to U.S. Energy Information Administration data.<\/p>\n<p>Texas also produces more electricity than any other state, the EIA reports. In 2021, Texas accounted for about 12% of America\u2019s total electricity net generation.<\/p>\n<p>Btu is short for British thermal unit, which measures the heat content of fuel or energy sources, <a href=\"https:\/\/www.eia.gov\/energyexplained\/units-and-calculators\/british-thermal-units.php\" target=\"_blank\" rel=\"noopener\">EIA explains<\/a>. \u201cA single Btu is very small in terms of the amount of energy a single household or an entire country uses. In 2021, the United States used about 97.33 quadrillion Btu of energy.\u201d<\/p>\n<p>Fossil fuels \u2013 petroleum, natural gas, and coal \u2013 accounted for roughly 79% of total U.S. energy production in 2021, according to the EIA.<\/p>\n<p>Texas\u2019s oil and natural gas industry also led the U.S. in energy production even during its historic lowest point in 2020.<\/p>\n<p>According to EIA data, Texas generated 23,329.1 trillion Btu of energy in 2020. No other state came close. Overall, the U.S. generated 95,710.9 trillion Btus \u2013 nearly one fourth of it was generated by Texas.<\/p>\n<p>But COVID-related lockdowns and less demand for gasoline forced U.S. crude oil production to drop by 8% in 2020, the largest annual decrease on record, the EIA <a href=\"https:\/\/www.thecentersquare.com\/national\/u-s-crude-oil-production-fell-by-8-in-2020-largest-decrease-on-record\/article_87ee53d0-6986-11ec-b027-734bc519895b.html\" target=\"_blank\" rel=\"noopener\">reported<\/a>, hitting Texas hard.<\/p>\n<p>By March 2020, the industry <a href=\"https:\/\/www.thecentersquare.com\/national\/u-s-crude-oil-production-fell-by-8-in-2020-largest-decrease-on-record\/article_87ee53d0-6986-11ec-b027-734bc519895b.html\" target=\"_blank\" rel=\"noopener\">experienced<\/a> a &#8220;bloodbath.&#8221; By April, the WTI was negative $40 a barrel for the first time in history. Prices at the pump reached historic lows as U.S. crude oil production saw the largest annual decrease on record in 2020.<\/p>\n<p>To stop the hemorrhaging, crude oil operators shut in wells and limited the number of wells brought online. They laid off large numbers of workers, all of which resulted in significantly lower output. Texas oil and natural gas companies soon led the nation in number of bankruptcies filed, The Center Square <a href=\"https:\/\/www.thecentersquare.com\/texas\/texas-leads-u-s-in-oil-and-gas-bankruptcies-job-losses-are-a-bloodbath\/article_d6957a14-accb-11ea-9a66-5f52818d3f8e.html\" target=\"_blank\" rel=\"noopener\">reported<\/a> in 2020.<\/p>\n<p>Since then, industry job gains have <a href=\"https:\/\/www.thecentersquare.com\/texas\/texas-oil-and-natural-gas-job-gains-continue-despite-threats-of-federal-overreach\/article_83354410-6b52-11ed-a38c-2bf641f703d0.html\" target=\"_blank\" rel=\"noopener\">helped<\/a> Texas lead the nation in job growth and its workers continue to produce more oil and natural gas than any other state.<\/p>\n<p>\u201cTexas oil and natural gas producers are steadily adding jobs as our state\u2019s economy continues to strengthen even amidst high inflation, a testament to our state\u2019s free-market principles and the oil and natural gas industry\u2019s commitment to producing the fuel and products that power modern life,\u201d Todd Staples, president of the Texas Oil &#038; Gas Association, said. \u201cEven as global unrest persists, this industry\u2019s focus on providing energy security and economic strength for our state and nation remains steadfast.\u201d<\/p>\n<p>Despite Texas\u2019 resilience in continuing to lead U.S. energy production, the Biden administration, United Nations and others are pushing for energy production to transition to \u201cclean, renewable energy.\u201d It\u2019s a misguided approach, Oil &#038; Gas Workers Association board member Richard Welch told The Center Square.<\/p>\n<p>\u201cTexas oil and natural gas workers pulled the U.S. out of a diesel shortage and our natural gas is what\u2019s lighting and heating European homes this winter after their politicians\u2019 socialist and so-called green energy policies failed,\u201d he said. \u201cFossil fuels make possible every aspect of our lives. The world relies on and runs on diesel, not windmill juice.<\/p>\n<p>\u201cWhen Europe\u2019s energy crisis hit, where did countries turn for help? Texas,\u201d he added. \u201cAnd we delivered, and we\u2019ll keep delivering. Texas oil and gas workers proudly produce the cleanest energy in the world. We already comply with strong regulations to ensure our workers and environment are safe. As Texans, we\u2019re proud to maintain our heritage as the powerhouse that fuels America and the world.\u201d<\/p>\n<p>In the first half of 2022, the U.S. became the world\u2019s largest LNG exporter, the EIA reports, led by Texas.<\/p>\n<p>As Europe faced an energy crisis due to several factors and reduced reliance on Russia, fuel needs were met \u201clargely thanks to Texas energy production and export infrastructure,\u201d and because of the Port of Corpus Christi, Texans for Natural Gas <a href=\"https:\/\/assets.nationbuilder.com\/northtexansfornaturalgas\/pages\/3593\/attachments\/original\/1667577677\/2022_TNG_Mini_Analysis_3.1.pdf\" target=\"_blank\" rel=\"noopener\">explains<\/a>.<\/p>\n<p>\u201cTexas energy \u2013 from our wells in West Texas to our ports along the Gulf of Mexico \u2013 enabled America to meet European gas needs in a time of crisis,\u201d TIPRO president and TNG spokesperson Ed Longanecker said. \u201cWithout American natural gas, Europe would have been at the mercy of aggressive foreign powers.\u201d<\/p>\n<p>If Texas were its own country, it would be the world\u2019s third largest producer of natural gas and fourth largest producer of oil.<\/p>\n<p>In 2019, total U.S. annual energy production was greater than total annual consumption for the first time since 1957, led in part by Texas production. Production also exceed consumption in 2020 and in 2021, according to the EIA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas continues to lead the U.S. in energy production, led by the oil and natural gas industry.In 2021, Texas crude oil accounted for 43% of all U.S. production and 25%<\/p>\n","protected":false},"author":1,"featured_media":1432144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[],"class_list":["post-1762997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1762997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1762997"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1762997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1432144"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1762997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1762997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1762997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}