Chairman David Porter Addresses Argentine Delegation - Talk focuses on Texas’ Sound, Sensible Regulation of Oil and Gas Industry to Protect Public Safety and Natural Resources
AUSTIN – Railroad Commission Chairman David Porter today talked about Texas’ shale energy revolution before a delegation of government officials, public utility commissioners and industry executives from Neuquén, Argentina. Porter—who heads the state agency that regulates oil and gas exploration and production in Texas—explained how the Railroad Commission’s sensible regulatory framework protects public safety and natural resources, while providing a stable, predictable regulatory environment for the industry.
“Our state’s been a leading oil and gas producer throughout the last century, and while our state is blessed with an abundance of natural resources, what many people don’t realize is that our success in Texas has as much to do with how we regulate as it does with our geology,” Porter said. “Texas relies on stable, free-market policies that encourage innovation and competition, and prevent overregulation that hinders job creation and economic growth, as we’ve unfortunately seen in many other states like New York and California.”
Porter delivered the luncheon keynote presentation at the event hosted by the Kay Bailey Hutchison Center for Energy, Law and Business in conjunction with the Jackson School of Geosciences at the University of Texas.
Texas Railroad Chairman David Porter meets with officials from Argentina.
Commission Chairman David Porter was elected statewide by the people of Texas to serve as a member of the Commission in November 2010. A Certified Public Accountant and successful small business owner, Chairman Porter has worked with oil and gas producers for nearly three decades providing strategic financial advice and tax counsel. He is the senior member of the Commission with a proven record of principle-driven, free market conservative leadership.