Texas has known petroleum deposits of about 5 billion barrels (790,000,000 m3), which makes up approximately one-fourth of the known U.S. reserves.[142] The state's refineries can process 4.6 million barrels (730,000 m3) of oil a day.[142] The Baytown Refinery in the Houston area is the largest refinery in America.[142] Texas also leads in natural gas production, producing one-fourth of the nation's supply.[142] Several petroleum companies are based in Texas such as: Conoco-Phillips, Exxon-Mobil, Halliburton, Valero, and Marathon Oil.
The state is a leader in renewable energy sources; it produces the most wind power in the nation.[142][144] The Roscoe Wind Farm in Roscoe, Texas, is the world's largest wind farm as of October 2009 with a 781.5 megawatt (MW) capacity.[145] The Energy Information Administration states that the state's large agriculture and forestry industries could give Texas an enormous amount biomass for use in biofuels. The state also has the highest solar power potential for development in the nation.[142]
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