Texas levies a tax on oil production of 4.6 cents a barrel or 4.6% of market value, whichever is higher. The structure ties state revenue directly to crude outp

BWB News TV • 2026-08-18 20:47 UTC • By Billy Odell Tucker-Robinson

Texas levies a tax on oil production of 4.6 cents a barrel or 4.6% of market value, whichever is higher. The structure ties state revenue directly to crude output and prices.

Share this article

𝕏 X / Twitter Facebook LinkedIn WhatsApp

📚 More from Billy’s World

📰 Banking With Billy News All breaking financial news & market analysis 📚 Banking With Billy Books Deep-dive books on every financial story 💬 Join the Community discord.gg/VHxwmR5j4Y 🎥 Banking With Billy on YouTube Live streams & market commentary

Banking With Billy News Network — bankingwithbilly.com
Discord: discord.gg/VHxwmR5j4Y • YouTube: @BankingWithBilly