Live Commodities
Live Commodities
Symbol (CFDs)
Month
Last
Prev.
High
Low
Chg.
Chg. %
Time
Sep 24
82.58
84.81
85.35
82.56
-2.53
-2.97%
19/07 | Energy
Sep 24
78.60
80.87
81.34
78.59
-2.70
-3.32%
16:59:57 | Energy
Aug 24
2.124
2.093
2.143
2.057
-0.001
-0.05%
16:59:56 | Energy

TIPRO News Releases and Statements

Texas Upstream Employment Dips, But Demand for Talent Remains Strong

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of June 2024. According to TIPRO’s analysis, direct Texas upstream employment for June totaled 189,100, representing a decrease of 2,000 industry jobs from May employment numbers, subject to revisions.

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TIPRO Statement on Senator Ted Cruz Congressional Review Act Resolution – Dunes Sagebrush Lizard

Austin, Texas – U.S. Senator Ted Cruz has introduced a Congressional Review Act (CRA) resolution to overturn the listing of the Dunes Sagebrush Lizard as an endangered species. The following statement can be attributed to Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association (TIPRO): “For too long, environmental activists have been in the driver’s seat, dictating the administration must disrupt robust oil and gas operations despite the industry’s track record of collaborative and successful conservation efforts. The Dunes Sagebrush Lizard’s listing on the endangered list risks hindering critical energy development in the Permian Basin and derailing ongoing conservation work implemented by the Texas Conservation Plan (TCP) that has proven effective in protecting the lizard’s habitat over the last decade. The filing has little to do with protecting the lizard’s habitat and is instead one of several ongoing efforts to inhibit oil and gas production. TIPRO and our members applaud Senator Cruz for taking action via his CRA resolution to overturn the listing of the Dunes Sagebrush Lizard as an endangered species and we encourage all federal policymakers to support this effort.”

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TIPRO Reports New Oil and Natural Gas Employment and Production Data

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of May 2024. According to TIPRO’s analysis, direct Texas upstream employment for May totaled 191,400, representing a decrease of 2,000 jobs from April employment numbers. Oil and gas extraction jobs in Texas increased by 400 last month, while support activities fell by 2,400.

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New Report – “Texas Grid Security: Natural Gas Critical For Reliability With Increasing Electricity Demand”

Austin, Texas — Today, Texans for Natural Gas (TNG), an educational campaign of the Texas Independent Producers and Royalty Owners Association (TIPRO), released a new report titled “Texas Grid Security: Natural Gas Critical for Reliability With Increasing Electricity Demand.” The report highlights the vital role natural gas will play in supporting the state’s growing need for reliable and affordable power.

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Texas Upstream Employment Dips, Oil Production Grows and Electricity Demand Accelerates at Unprecedented Pace

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of April 2024. According to TIPRO’s analysis, direct Texas upstream employment for April totaled 193,300, representing a decrease of 3,400 jobs from March employment numbers. The decline in employment follows March data showing the highest increase in monthly Texas upstream jobs since June of 2011. TIPRO notes that fluctuations in CES employment data throughout the year are normal and that demand for talent within the industry remains robust.

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Texas Oil and Natural Gas Production Increases as Geopolitical Conflicts Escalate

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of March 2024. According to TIPRO’s analysis, direct Texas upstream employment for March totaled 196,500, an increase of 4,500 jobs from February employment numbers, subject to revisions.

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TIPRO Releases “2024 State of Energy Report” – Texas Oil and Natural Gas Industry Breaks New Records

The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the ninth edition of its “State of Energy Report,” offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for the energy industry in 2023. TIPRO’s “State of Energy Report” series was developed to quantify and track the economic impact of the domestic oil and natural gas sector with an emphasis on the state of Texas.

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Texas Upstream Employment, Permian Production and Energy Infrastructure Expand

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of December 2023. According to TIPRO’s analysis, direct Texas upstream employment for December totaled 211,700, an increase of 3,100 jobs from revised November employment numbers. Texas upstream employment in December 2023 represented the addition of 15,300 positions compared to December 2022, including an increase of 2,000 jobs in oil and natural gas extraction and 13,300 jobs in the services sector.

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Demand for Talent Remains Strong in Texas Upstream Sector

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of November. According to TIPRO’s analysis, direct Texas upstream employment for November 2023 totaled 210,700, a decrease of 800 jobs from revised October employment numbers. TIPRO notes that monthly fluctuations are normal and that annual employment trends overall remained strong in the industry throughout 2023. Texas upstream employment in November 2023 represented the addition of 14,700 positions compared to November 2022, including an increase of 2,200 jobs in oil and natural gas extraction and 12,500 jobs in the services sector.

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Permian Basin Producers: Charting a Cleaner Energy Future

Austin, Texas – Today, Texans for Natural Gas (TNG), an educational campaign of the Texas Independent Producers and Royalty Owners Association (TIPRO), released a new report highlighting the diligent work of Texas oil and natural gas producers in significantly and consistently reducing methane emissions. The report emphasizes the decade-long downward trend in methane intensity—reaching a record low of 0.12 percent in 2022 while simultaneously reaching record production levels.

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Texas Upstream Employment Increases With Record Permian Basin Production

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of October. According to TIPRO’s analysis, direct Texas upstream employment for October 2023 totaled 212,900, an increase of 2,200 jobs from September employment numbers. Texas upstream employment in October 2023 represented the addition of 19,200 positions compared to October 2022, including an increase of 2,500 jobs in oil and natural gas extraction and 16,700 jobs in the services sector.

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Texas Upstream Employment Increases While Geopolitical Conflicts Underscore Critical Importance of Domestic Energy Production

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of September. According to TIPRO’s analysis, direct Texas upstream employment for September 2023 totaled 210,700, an increase of 1,700 jobs from revised August employment numbers.

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Upstream Employment Increases and Demand Remains Strong for Oil and Gas Talent

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of August. According to TIPRO’s analysis, direct Texas upstream employment for August 2023 totaled 208,500, an increase of 1,200 jobs from July employment numbers.

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Demand for Texas Oil and Gas Talent Remains Strong

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in Texas upstream employment following four months of consecutive growth. According to TIPRO’s analysis, direct Texas upstream employment for July 2023 totaled 206,600, a decrease of 2,100 jobs from adjusted June employment numbers.

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Industry Innovator and Leader, Allen Gilmer, Honored With TIPRO Award

Austin, Texas – During the Texas Independent Producers and Royalty Owners Association’s (TIPRO) 2023 Summer Conference in San Antonio this week, TIPRO recognized Allen Gilmer as the 2023 Mr. TIPRO award honoree for his outstanding service to the Texas oil and natural gas industry, loyalty to the association and inspiring innovation and leadership. 

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Texas Energy Sector Employment Growth Continues

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in Texas upstream employment last month. According to TIPRO’s analysis, direct Texas upstream employment for June 2023 totaled 208,000, an increase of 2,500 jobs from adjusted May employment numbers.

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Texas’ Pro-Business Environment Supports Economic Growth and Energy Security

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a significant gain in Texas upstream employment last month. According to TIPRO’s analysis, direct Texas upstream employment for May 2023 totaled 206,000, an increase of 6,900 jobs from adjusted April employment numbers. Texas upstream employment in May 2023 represented the addition of 22,700 positions compared to May 2022, including an increase of 2,700 jobs in oil and natural gas extraction and 20,000 jobs in the services sector. TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of May. According to the association, there were 13,779 active unique jobs postings for the Texas oil and natural gas industry in…

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TIPRO Reports Growth in Oil and Gas Employment and Emphasizes Need for Federal Permitting Reform

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a gain in Texas upstream employment last month. According to TIPRO’s analysis, direct Texas upstream employment for April 2023 totaled 199,400, an increase of 700 jobs from March employment numbers. Texas upstream employment in April 2023 represented the addition of 17,600 positions compared to April 2022, including an increase of 1,700 jobs in oil and natural gas extraction and 15,900 jobs in the services sector. TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of April. According to the association, there were 15,127 active unique jobs postings for the Texas oil and natural gas industry in April, including 5,011 new job postings added in the month by…

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TIPRO Highlights Increase in Oil and Gas Employment, Job Postings and Production

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a gain in Texas upstream employment last month. According to TIPRO’s analysis, direct Texas upstream employment for March 2023 totaled 198,700, an increase of 1,500 jobs from revised February employment numbers. Texas upstream employment in March 2023 represented the addition of 20,000 positions compared to March 2022, including an increase of 1,100 jobs in oil and natural gas extraction and 18,900 jobs in the services sector. TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of March. According to the association, there were 14,491 active unique jobs postings for the Texas oil and natural gas industry in March, including 6,193 new job postings added in the month by companies. March active unique job postings reflect a 21 percent increase compared to February…

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Texas Comptroller Glenn Hegar Honored With TIPRO Award for Championing Texas Economy and Energy

Austin, Texas – During the Texas Independent Producers and Royalty Owners Association’s (TIPRO) 77th Annual Convention in Austin this week, TIPRO proudly recognized Texas Comptroller Glenn Hegar as the 2023 TIPRO Hats Off Award honoree for his dedicated support of policies that have protected and promoted the long-term growth of the state economy and fueled prosperity of the Texas oil and gas industry. Since first being elected in 2014 as Texas’ chief financial officer, Hegar has championed Texas’ financial health and ensured a strong economy remains in the Lone Star State. In recent years, as the CFO of the world’s ninth-largest economy, the comptroller has wisely controlled the finances of the Texas government and carefully managed the state budget, which today is projected to hold record levels. He has also continuously demonstrated his commitment to defend the energy sector, a leading contributor to the economy — joined by other state leaders, Comptroller Hegar has defended the industry from hostile attacks pushed by Washington…

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