The Biden administration’s temporary pause on new federal export authorizations for LNG projects, if not reversed, could be a “devastating blow” to the Texas energy industry, according to the Texas Oil and Gas Association (TXOGA). 

The trade organization estimated marketed natural gas production in the state remained unchanged at 31.8 Bcf/d versus 2022, according to its 2023 Annual Energy and Economic Impact Report, which relied on U.S. Energy Information Administration (EIA) data. 

Crude oil production rose to 5.5 million b/d versus 5.2 million b/d in 2022, according to TXOGA estimates. Oil output also set a record in November at nearly 5.7 million b/d, according to EIA data. 

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