Pipeline Executive Order Supports Critical Component of Texas Economy
Wednesday, April 10, 2019
Steve Everley | Texans for Natural Gas
Following President Trump’s announcement of an executive order that would improve the development of energy infrastructure, Texans for Natural Gas spokesman Steve Everley issued the following statement:
“By facilitating the development of vital energy infrastructure, President Trump’s executive order will help to strengthen the Texas economy and further improve Texas consumers’ access to the energy resources they depend on. Importantly, this order will ensure Texas pipelines continue to provide thousands of jobs, improve energy reliability and generate millions of dollars in state and local revenue that goes to help fund Texas schools, hospitals and public safety services.
For too long, activists have held consumers hostage to their radical agenda by blocking critical pipeline infrastructure, raising energy costs and preventing employment growth in the process. The President’s order is an attempt to tilt the scales back in favor of working families.”
- Texas has over 400,000 miles of pipelines, representing around 1/6 of all U.S. pipeline mileage.
- 16.2 billion barrels of oil and petroleum products move through these pipelines every year.
- From 2019-2048, pipeline projects will generate about $3.2 billion in infrastructure investment annually, totaling $28.9 billion in capital expenditures by 2030.
- More pipelines = more jobs. Additional pipeline development is estimated to support 171,000 Texas jobs annually.
Pipelines are the safest, most environmentally responsible method of transporting oil and natural gas, yet activists have attempted to block them at every turn. This order will improve predictability in permitting, allowing for the safe transportation of natural resources to continue.