Breitling Oil and Gas Morning Podcast #137 August 22th, 2012

Texas has done a commendable job of protecting the environment while sustaining a productive private-sector energy industry. The state has made huge leaps in clean air attainment despite a growing population and is also a national leader in energy technologies such as hydraulic fracturing, enhanced oil recovery, carbon capture and sequestration, as well as the development of a digital grid and advanced metering systems that improve energy efficiency.

The shale boom, which has greatly benefited the entire state, will continue to push low-cost, clean natural gas into the marketplace. The North Texas communities affected by the Barnett Shale in particular have benefited from the creation of 100,000 jobs and accelerated economic growth attributable to the development of the region’s shale formations.

Texas must continue to press policies that enhance economic freedom, sensible and science-based regulations and a robust private-sector energy economy.  Kudos Texas, you are doing a great job!

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