Taking the Long View of the Texas Energy Industry
by Commissioner Christi CraddickMarch 21, 2016
AUSTIN – In case you missed it, please see Railroad Commissioner Christi Craddick’s editorial on the long term outlook of crude oil exports and its impact on the Texas energy industry published in the Midland Reporter-Telegram Saturday.
“It has been 40 years since Texas crude could be sold around the world,” Craddick said. “Texas is now poised to lead the U.S. back into the global marketplace where our producers can compete with anyone, anywhere. The groundwork has been laid and Texas producers are ready for the competition and unleashing of true U.S. shale potential. In 40 years, historians will look back upon the decision to lift the ban on U.S. crude oil exports as a victory for free markets and a long overdue economic shot in the arm for Texas and our nation.”
Christi Craddick was elected statewide by the people of Texas in November 2012 to serve a six-year term as Texas Railroad Commissioner. A native of Midland, Christi is an attorney specializing in oil and gas, water, tax issues, electric deregulation and environmental policy.
About the Railroad Commission:
Our mission is to serve Texas by our stewardship of natural resources and the environment, our concern for personal and community safety, and our support of enhanced development and economic vitality for the benefit of Texans. The Commission has a long and proud history of service to both Texas and to the nation, including almost 100 years regulating the oil and gas industry. The Commission also has jurisdiction over alternative fuels safety, natural gas utilities, surface mining and intrastate pipelines. Established in 1891, the Railroad Commission of Texas is the oldest regulatory agency in the state. To learn more, please visit http://www.rrc.texas.gov/about-us/.