Texas Alliance of Energy Producers officials say the oil and gas industry is currently experiencing low prices, which is both good and bad for the economy.
Although production is doing extremely well in the southern, western and northern parts of the state, experts say here in Texoma, production is doing good and could get much better.
The Texas Oil and Gas Industry is fueling a big event for the next two days in Downtown Wichita Falls.
Oil and gas industry experts addressed what they say is the biggest problem facing their industry: high energy prices. Experts say the key to affordable energy is through domestic energy sources.
Organizers of the Texas Alliance of Energy Producers' annual expo say the convention will bring about $3-million to Wichita Falls.