AUSTIN – Texas Railroad Commissioner Ryan Sitton spoke today to regulators and members of the energy industry about the enormous energy opportunities Texas possesses at the Oil & Gas Environmental Conference in Houston. With a predictable regulatory environment, record production and increasing exports, Sitton said Texas is poised to fundamentally change how the world views energy.
“In early November, U.S. crude oil exports hit an all-time high at 2.13 million barrels per day, departing from ports like Port of Corpus Christi, Port of Houston and Port of Beaumont, all of which had been damaged, restricted or shut down for a time due to Hurricane Harvey,” Sitton said. “Worldwide demand for Texas energy will continue to grow as OPEC restrains its production and Texas must be ready to capitalize on the opportunity by enhancing our energy transportation infrastructure and using Texas energy to enhance our economic and national security. No one in the world does a better job of responsibly producing and transporting energy than Texans do.”
Ryan Sitton was elected to the Railroad Commission in 2014 and is the first engineer to serve on the Commission in 50 years. Sitton is one of the world’s leading energy experts and founded PinnacleART, an engineering and technology company focused on reliability and integrity programs for the oil, gas, and petrochemical, mining, pharmaceutical, and wastewater industries. As Railroad Commissioner, Sitton uses his technical expertise and business experience to make decisions for the state that are based on sound science and employs a fiscally conservative approach to prioritize the agency’s efforts.