Railroad Commissioners Applaud Major Oil Companies Cutting Ties with Russian Oil Companies, Encourage Others to do the Same

March 01, 2022

AUSTIN – In recent days, major oil and gas companies, such as British Petroleum and Shell, have announced their divestment of ownership in Russian oil and gas companies such as Rosneft.  RRC commissioners firmly support these actions and strongly encourage all Western oil and gas companies to similarly cut ties with any Russian oil and gas business. 

“I’m heartbroken and disgusted by the ruthless and lawless actions of Vladimir Putin. Energy security is national security, and that’s clearer than ever,” said RRC Chairman Wayne Christian. “The United States, our European allies, and major oil and gas producers should immediately sever all ties with Russia – period. Western democracies shouldn’t fuel Putin’s unjust war against a peaceful and democratic nation. Instead, oil and gas should be purchased from reliable and trusted allies or produced here at home. I call on President Biden to end his illogical stance on oil and gas and unleash American producers in defense of Ukraine and democracy.” 

“Putin’s war against Ukraine is despicable and should serve as a wake up call to the world,” said Commissioner Christi Craddick. “I support the actions of BP and Shell and encourage other international energy providers to divest from Russian companies and markets. Texas producers are ready, willing, and able to supply oil and gas on a global scale, and I encourage President Biden to support Ukraine by releasing the chokehold on American energy production.”

“The Russian war against Ukraine is a forceful reminder of the importance of American-made energy and that domestic energy policy is crucially intertwined with U.S. foreign policy,” said Commissioner Jim Wright. “The exploration and production of oil and gas does not occur overnight, which is why it is essential to have consistent, predictable, energy policies that encourage and promote development. Maintaining our domestic production is not only vital to America’s national security interest, but those of our allies around the globe. Having long recognized the importance of oil and gas to our state, our nation, and our allies, Texas stands ready to do its part.”


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/.