Texas Energy Leader: Americans Don’t Need OPEC+; They Need U.S. Oil & GasOctober 05, 2022
AUSTIN – Railroad Commission of Texas Chairman Wayne Christian issued the following statement regarding the decision by the Organization of Petroleum Exporting Counties and Russia (OPEC+) to cut crude oil output by two million barrels per day. With U.S. energy costs up more than 20% and gasoline prices rising again to almost $4 a gallon, Chairman Christian urges President Biden to unleash domestic oil and natural gas production to lower prices for consumers.
“Winter is coming: the U.S. and our European allies need more U.S. oil and gas today—not after the midterm election,” said Chairman Christian. “OPEC+ and Putin aren’t the answer to our energy security. Harnessing the Permian Basin is. We achieved energy independence under former President Trump in 2019 by increasing U.S. production, and we can do it again.”
“Biden’s approval rating remains low because the American people are increasingly sick of his expensive, dangerous policies,” continued Christian. “His energy agenda is a disaster, from pleading for more production from OPEC+ to draining the strategic petroleum reserve and subsidizing unreliable wind and solar projects with billions of our tax dollars. The president has unnecessarily put the U.S. at a severe geopolitical disadvantage just for the sake of virtue signaling that he is progressive on climate change.”
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/.