Property tax rates increased rapidly in 2020, major oil players see positive signs

Basin Business Report

NEW YORK, New York (Nexstar) – Major players in the oil and gas industry are sharing positive signs.  

Jane King with the Texas Business Report says EXXON Mobil could be the first major oil company to resume stock buybacks.  

Meanwhile, BP announced it likely hit its debt reduction target in the first quarter thanks to rebounding sales and rising oil prices.

Property tax rates increased at the fastest pace in four years in 2020, King reports.  

Attom Data Solutions says Texas had the third-highest property tax rates in 2020, falling just behind New Jersey and Illinois.  

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April 22 2021 09:00 am