Week in Review: March 15, 2019
Fri, March 15, 2019
March 15, 2019
Energy Briefing
Five Facts About Senate Bill 421
Texas is the largest oil and gas producing state, and that production depends on Texas pipelines to deliver affordable energy to consumers. These energy supplies fuel the Texas miracle, which is made possible by a low tax, low regulation operating environment that differentiates us from places like California or New York. Committee Substitute Senate Bill 421 would create new and unnecessary regulations on Texas pipelines that will benefit trial lawyers at the expense of Texas energy.
Oil & Gas Group Launches Webpage to Track Permian Basin Pipeline Projects
Created by Texans for Natural Gas, the webpage details crude oil, natural gas and natural gas liquids pipelines being built in the West Texas Shale play. Divided into those three categories, the webpage provides a route map, capacity, a projected in-service date and a link for more information for each project.
Abbott Pans Green New Deal, Praises Texas Oil and Gas Industry
Gov. Greg Abbott told a convention of Texas oil and gas producers Wednesday not to worry about Democrats’ Green New Deal, an ambitious agenda to combat climate change that the governor said is so far out and far left that it will only ensure Republican political dominance. “It’s so socialistic,” Abbott said. “It costs so many trillions of dollars. It’s completely unfeasible in any way whatsoever. It shows the way socialism has hijacked the forces of capitalism.”
Six Reasons Why We Need More Pipelines in Texas
Pipelines are the safest, most environmentally responsible method of transporting oil and natural gas. With over 2.5 million miles of pipeline crisscrossing the United States and roughly 466,000 miles of pipeline throughout the state of Texas, pipelines play a crucial role in ensuring safe, efficient delivery of the energy we use every day. But even with this extensive pipeline network, more capacity is needed to allow the Texas energy boom to continue, as well as making sure Texas oil and natural gas reach consumers at home and our trading partners abroad.
Texas Legislature
Texas is the largest oil and gas producing state, and that production depends on Texas pipelines to deliver affordable energy to consumers. These energy supplies fuel the Texas miracle, which is made possible by a low tax, low regulation operating environment that differentiates us from places like California or New York. Senate Bill 421 would create new and unnecessary regulations on Texas pipelines that will give the government more control over Texas energy.
Click here to tell your State Senator you support Texas pipelines: https://p2a.co/52cSGjY
In Case You Missed It
IFor those who consistently accuse the fossil fuels industry of being greedy and selfish, here’s a statistic for you: in the fiscal year 2018, the Texas oil and natural gas industry paid over $14 billion in state and local taxes and state royalties, a staggering $38 million each day to fund schools, roads, universities and first responders.
Click here to read more about how this funding is helping Texas: https://www.texansfornaturalgas.com/texas_oil_and_gas_industry_pays_38_million_a_day_to_fund_schools_roads_first_responders
