[Rodamala]

...growth in other Texas industries has exploded as a result of the state's low-tax environment....

Bank.

[bestintxas]

Since the 1980’s, Houston has become the undisputed center of offshore O&G.

Also, Texas has embraced quite a few corporations who moved their HQ there since that time.

compare the list of company HQ there now. It will replace NY very soon as the leader.

http://fortune.com/2015/06/15/states-most-fortune-500-companies/

And it looks after its own, as in http://talkingpointsmemo.com/cafe/with-eye-on-fiscal-armageddon-texas-set-to-repatriate-its-gold-to-new-texas-fort-know

why pay NYC to keep its money?

The Northeasterners tried to damage large Texas companies by making a huge deal out of Enron, but it did not stick beyond that one company.