The GLO manages state oil and gas leases and has been able to deposit more than $16.8 billion into the PSF as a result. We also use Texas’s vast natural gas deposits to create electricity for schools and other public customers who purchase it at a low rate, thereby saving our schools money on electricity bills while still earning revenue for the PSF. 

The GLO has created a dedicated website for our energy business customers. If you are in the energy business and do business with the GLO, please visit the new Energy Business Website.