Tag: Oil and Natural Gas

Oil and Gas Taxes to Provide $1.1 Billion in Highway Funding

Posted by texconeqp

Highways in Texas are slated to receive a much-needed boost in funding this year thanks to the state’s booming oil and natural gas industry. Under the terms of Proposition 1, a constitutional amendment which diverts a portion of oil and gas severance taxes to the TxDOT highway fund, Texas highways will receive $1.1 billion in… Read Full Article »