Chron.com | Texas' take from oil and gas industry plummets in 2016 Chron.com Oil and natural gas producers generated a total of $9.7 billion in revenues for state, county and school district coffers in fiscal 2016, which ended August 31, according to the Texas Oil and Gas Association. That's down nearly 40 percent from a peak ... Texas easing out of downturn, oil association leader says |