Business Secrets
 

QUICK FACTS

  • Texas is the top U.S. producer of both crude oil and natural gas. In 2019, the state accounted for 41% of the nation's crude oil production and 25% of its marketed natural gas production.
  • As of January 2019, the 30 petroleum refineries in Texas were able to process about 5.8 million barrels of crude oil per day and accounted for 31% of the nation's refining capacity.
  • Texas leads the nation in wind-powered generation and produced about 28% of all the U.S. wind-powered electricity in 2019. Texas wind turbines have produced more electricity than both of the state's nuclear power plants since 2014.
  • Texas produces more electricity than any other state, generating almost twice as much as Florida, the second-highest electricity-producing state.
  • Texas is the largest energy-producing and energy-consuming state in the nation. The industrial sector, including its refineries and petrochemical plants, accounts for half of the energy consumed in the state.