Pipeline Executive Order Supports Critical Component of Texas Economy
Wed, April 10, 2019
- 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.