Because the State Government Has Always Protected the Interests of Petroleum

question 22

True/False

Because the state government has always protected the interests of petroleum producers,there are no significant groups representing the oil and gas industry in Texas.

---

Definitions:

Agriculture

The practice and science of cultivating the soil, growing crops, and raising livestock to produce food, fiber, medicinal plants, and other products.

Parity Ratio

A measure used in agriculture to compare the relative purchasing power of income from farming to a base period.

Prices Received

Prices received refer to the amount of money sellers receive for their goods and services in the market after deducting any sales discounts and allowances.

Prices Paid

The actual amount of money expended by buyers to acquire goods or services.