AUSTIN – Texas oil and gas regulator Wayne Christian praised reports highlighting the state’s growing role in meeting global energy demand amid instability abroad. Last month, the Port of Corpus Christi reported its strongest first quarter on record. Meanwhile, Diamondback Energy announced this week that it is boosting exports and expanding drilling activity in response to Iran-related supply disruptions, both of which reflect shifting market conditions and the ongoing strength of Texas oil production.
The following statement may be attributed to Texas oil and gas regulator Wayne Christian:
“The conflict in Iran is a clear reminder of the world’s reliance on Texas oil and gas. When America and our allies need stability, Texas energy is answering the call. What we are seeing right now is no accident. It is the result of sustained investment in our drilling capacity and world-class export infrastructure. Simply put, Texas leads the free world in energy production because we have built the foundation to do so.
As prices rise at the pump here at home and abroad, the path forward is clear: further unleash Texas energy. We need to lower taxes, cut regulations, and eliminate green energy subsidies because this surge in oil and gas production should not be short-lived. Texas should remain the cornerstone of global energy supply, delivering affordable, reliable energy to Americans and our allies around the world.”
