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Texas petroleum industry recovery gains momentum

The Texas Alliance of Energy Producers' Texas Petro Index, which measures the health of the state's oil industry, rose for the 10th consecutive month in September to 181.4 bolstered by stronger oil prices and surging demand. Oil and natural gas industry employment was up 16.1% year-over-year, crude production for the month rose to more than 103.4 million barrels and the number of original drilling permits issued rose 21% from September 2016 to 903.

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