Railroad Commissioner Christi Craddick spoke to the West Texas Geological
Society at its annual fall symposium in Midland. Commissioner Craddick highlighted
the past, present and future importance of the Permian Basin to the Texas energy
industry. The technical group meets annually to discuss research, studies, geological
analysis and developing technologies in the region that will further the development
of one of the country's most significant oil and gas basins.
"The Permian Basin's current and potential production, for Texas and our nation,
is truly invaluable," Craddick said. "This oil rich region enables us to meet our
domestic energy demands with reliable, affordable energy for consumers. Without
a doubt, the Permian Basin is responsible for catapulting the U.S. into the role
of the world's top oil producer, providing us greater national security by reducing
our reliance on imported sources of oil. Essential to this success is the skilled
workforce and vast technical expertise of the West Texas Geological society and
the region's industry members."