Energy

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Gas

Texas oil and natural gas industry paid record $26.3 billion in state and local taxes

What the industry paid in taxes and royalties translates to $72 million a day. The revenue funds Texas’ public schools, universities, roads, first responders and other essential services, the association notes. Record remittances funneled $2.81 billion into Texas Independent School Districts and $885.6 million to counties from property taxes paid from oil and natural gas production, pipelines and gas utilities.

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A highway in San Francisco, Calif.

California lawmakers compete to stop 'income-based' utility bills

Tuesday morning Democrats led by Assemblymember Jacqui Irwin, D-Thousand Oaks, and Wiener announced they’d be proposing a bill to repeal AB 205. Hours later, California Republicans tried to bring an immediate vote to repeal AB 205 to the Senate floor, but Democrats, including Wiener, voted to table the motion.