Commissioner Ryan Sitton to Reveal 2018 Energy Market Outlook at NAPE Summit

AUSTIN — Texas Railroad Commissioner Ryan Sitton will discuss worldwide supply and demand, the impact of OPEC’s production cuts on America’s energy opportunities, and reveal predictions from his 2018 energy market report at the 2018 NAPE Summit on Feb. 9 at 11:15 a.m. in Houston.

At the beginning of 2017, Sitton predicted that the price of West Texas Intermediate crude oil would reach $60 per barrel before the end of the year, and it did. At the 2018 NAPE Summit, attendees will find out exactly where oil prices are heading, what trends will impact the market, what the Railroad Commission is doing to work with the energy industry in this time of record growth, and how Texas and the United States are poised to meet energy demand around the world.

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.