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2008-09 Biennial Revenue Estimate

Texas Energy Activity

 Taxable Oil Price Taxable Gas Price (*9) Rotary Rig Count (/10)
1999 $12.91 $1.82 21.3
2000 $25.16 $2.82 31.2
2001 $23.73 $4.21 45.9
2002 $21.90 $2.44 35.3
2003 $28.60 $4.02 41.9
2004 $32.48 $4.48 49
2005 $46.88 $5.44 58.1
2006 $61.12 $7.06 69.2
2007 $56.95 $6.02 64
2008 $54.97 $6.48 62
2009 $52.15 $6.42 61.1

Note: Fiscal years 2006 through 2009 are estimated or projected.
SOURCE: Susan Combs, Texas Comptroller of Public Accounts.

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