HOUSTON, Texas -- Texas' oil production is up 29 percent from this time last year, according to the Texas Railroad Commission. The state currently produces 2.16 million barrels of oil each day.
Just five years ago, Texas only produced about 1.1 million barrels of oil each day.
Currently, more than half of the nation's growth in gas and oil over the last year took place in Texas and Oklahoma. Texas alone has almost reached the production level of Iraq, the second-largest oil producer in the Organization of Petroleum Exporting Countries.
Josiah Neeley, a Policy Analyst at the Texas Public Policy Foundation told Breitbart Texas that a bust isn't likely end the state's gas and oil boom anytime soon. The only immediate threat to the industry, according to Neeley, is government regulation.
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We are gettin' it down here on the Oil and Gas. I made the decision to join the frenzy 10 years ago and ain't looked back. Things are good at the moment. There's tons of oil and gas jobs out there if you want to go to work. The money is too good to leave anytime soon for me.
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