Chairman Craddick Underscores Importance of Smart Regulation to Grow Energy Industry
Emphasizes Environmental Protection and Economic Growth to Dallas and Kansas City Federal ReservesSeptember 22, 2017
Oklahoma City, OK – Railroad Commission Chairman Christi Craddick today highlighted the importance of smart regulatory policy in creating an environment for strong growth in the energy industry. She made her comments at a joint conference of the Federal Reserve Banks of Dallas and Kansas City, during their 2017 Energy Conference in Oklahoma City, Oklahoma.
“Striking the right balance between strong regulation and a strong energy policy, as we’ve done in Texas, means we protect the public and the environment in a way that allows the energy industry to succeed,” Craddick said.
“Our regulatory structure gives industry the certainty it needs to invest their dollars in job creation, industry innovation and expansion, which results in safe and responsible production of our natural resources.”
Christi Craddick was elected statewide by the people of Texas in November 2012 to serve a six-year term as Texas Railroad Commissioner. A native of Midland, Christi is an attorney specializing in oil and gas, water, tax issues, electric deregulation and environmental policy.
About the Railroad Commission:
Our mission is to serve Texas by our stewardship of natural resources and the environment, our concern for personal and community safety, and our support of enhanced development and economic vitality for the benefit of Texans. The Commission has a long and proud history of service to both Texas and to the nation, including almost 100 years regulating the oil and gas industry. The Commission also has jurisdiction over alternative fuels safety, natural gas utilities, surface mining and intrastate pipelines. Established in 1891, the Railroad Commission of Texas is the oldest regulatory agency in the state. To learn more, please visit http://www.rrc.texas.gov/about-us/.