Commissioner Craddick Advises Tax Association on State of Texas Energy

Posted on:

AUSTIN – 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.