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2022

Banks Rush To Assure Texas They Like Oil And Gas

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More than two dozen banks and other financial firms have declared themselves as non-hostile to the Texas energy industry after the state went after the financial industry threatening to shut off its access to the Texas financial system. In March, Texas Comptroller Glenn Hager asked 19 financial companies, including the world’s biggest asset manager and some of the top U.S. banks, whether they are boycotting the fossil fuel industry as America’s largest oil-producing state seeks to clarify the financial institutions’ fossil fuel…



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