Safety is top priority of oil and gas industry

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By TODD STAPLES

TEXAS OIL & GAS ASSOCIATION

Texas oil and natural gas companies are fueling our lives and funding our state and local budgets. From production to pipelines, to refineries and ports, new technologies and innovations allow for safer, more efficient, and less impactful energy production, all while employing hundreds of thousands of Texans in good-paying jobs and providing funding for our schools, roads and first responders.

The industry’s success is the reason our state’s Rainy Day Fund is predicted to be a record-setting $15.4 billion. It’s the reason our Permanent School Fund is the largest educational endowment in the nation. And it’s the reason the Texas Department of Transportation has billions of newly generated dollars to invest in transportation infrastructure across the state.

But along with this phenomenal growth – which has made Texas the global energy superpower – have come strains on local infrastructure. Traffic congestion and accidents in the Permian Basin are at an all-time high, largely because local infrastructure is undersized. But the fact is, activity in the region will only increase, and with increased activity comes a renewed focus by the oil and natural gas industry to continue making improvements when it comes to the safety of our operations.

 

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