Commissioner Craddick Advises Tax Association on State of Texas Energy
October 07, 2016AUSTIN – Railroad Commissioner Christi Craddick today met with the Texas Taxpayers and Research Association (TTARA) at their annual meeting in Austin to discuss the current and future outlook of the Texas energy industry and its economic impact to the state.
“In Texas, one of our greatest economic opportunities continues to be the successful development of the country’s most significant oil and gas reserves,” Craddick said. “With consistent daily output of about 2.4 million barrels over the last year, Texas has proven our state provides the best environment in the world for sustainable energy production. Our state’s oil and gas industry has met market challenges through transformational change that is keeping energy affordable with homegrown oil and natural gas and shaping new domestic industries with the emergence of LNG export terminals along our coast. Texas’ energy future is looking brighter than ever before.”
TTARA is a non-profit organization of businesses and individuals from a range of economic sectors and activities in Texas who are interested in state and local fiscal policies, and the way those policies impact the state’s economy.
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 more than 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 https://www.rrc.texas.gov/about-us/.