AUSTIN – Texas Oil & Gas Association (TXOGA) President Todd Staples today issued the following statement:
“Energy security is national security and Texas barrels don’t just fill demand – they build confidence. In times of geopolitical stress, reliability becomes a strategic asset at home and abroad.
“The robust Texas oil and natural gas industry is essential to provide consumers with the greatest protection from price swings due to military and geopolitical conflicts. Our robust oil production, world-class refining capacity, and extensive pipeline and fuel distribution infrastructure help to insulate all Americans from the impact of global conflicts. While we are not entirely immune from impacts to production and delivery disruption, Texans and all Americans more energy secure than ever before.
“For our allies abroad, Texas’ responsible production, transparency and dependable logistics have made America the reliable supplier the world needs. Texas has proven it can deliver in a crisis and demand for our LNG, refined fuels and petrochemicals remains high among our allies who value U.S. energy security and stability.
“The stabilizing contribution of Texas’ strong energy foundation is unmistakable in these uncertain times.”
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Founded in 1919, TXOGA is the oldest and largest oil and gas trade association in Texas representing every facet of the industry.