Texans Lead The Way In Energy Production

Texans are blessed. This is correct.

The good Lord has blessed us in many ways, especially with abundant natural resources. The same can be said for the United States and the people who transform these resources into the energy products we consume every day.

I have been fortunate enough to write this article since 2006, and have also worked for the Texas and Washington, D.C., energy associations since 1980. I am constantly amazed by the power and ingenuity of the explorers who explore and produce crude oil and natural gas. Pipelines that transport products, refineries that produce petroleum products, and retailers that sell them to the public.

It's not easy. It's challenging from start to finish, with bumps and checkpoints at every turn.

Over the course of this year, I've written articles about rising production in Texas and across the United States, about prices rising and falling and rising again, about the US president's efforts to shut down the oil and gas industry, and about OPEC's efforts to manipulate oil and gas production. the prices. An international conference on climate change ended with a declaration of the desire to “transition” away from fossil fuels.

I've also written about wind and solar energy. Texas has a lot of wind and sun. The wind blows and the windmills turn, especially in West and North Texas. Wind has become a major component of electricity generation in Texas. Solar energy will also make big strides in Texas in 2023.

Despite the expansion of wind and solar energy, many companies have reported financial and technical problems.

Electric cars have also attracted interest. Electricity sales will increase in 2023, but most consumers still lack confidence in reliability.

Texas is a leader in the energy sector. Houston is the energy capital of the world. Texas has a direct stake in the future of energy production and consumption. It was approved by the Texas Legislature, signed by Governor Greg Abbott, and the public voted to create the Texas Energy Fund to fill some of the gaps in electricity generation.

In April, I wrote that the EIA expects oil production and consumption to change little between 2023 and 2050. U.S. consumption of oil and other liquids will rise from 16 million barrels per day in 2022 to 21 million barrels per day in 2050, according to the EIA. This was stated in the annual energy forecast. Wind and solar energy will also have benefits.

Texans have been leaders in the energy industry for more than 100 years, and the future is bright, too.

Alex Mills is the former president of the Texas Energy Producers Alliance.

This article originally appeared in the Wichita Falls Times Record News: Texans lead energy production

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