Craddick: Expanding Offshore Energy Exploration Critical to Texas

Craddick: Expanding Offshore Energy Exploration Critical to Texas, U.S. Energy Security

AUSTIN – Railroad Commission Chairman Christi Craddick today urged the federal Bureau of Ocean Energy Management (BOEM) to include all 26 Outer Continental Shelf planning areas in the development of a new five-year National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program) for 2019-2024. “U.S. federal waters contain approximately 148 billion barrels of oil equivalent in undiscovered resources, which is enough energy to meet the nation’s oil and natural gas needs for […]