Texas regulator highlights record oil exports, rising production amid Iran disruption
(WO) - Texas Railroad Commissioner Wayne Christian praised new reports highlighting Texas’ growing role in global energy markets as instability in the Middle East continues to pressure oil and gas supplies.
The comments follow a record first quarter for the Port of Corpus Christi, one of the nation’s largest crude export hubs, and recent announcements from Diamondback Energy that it is increasing exports and expanding drilling activity in response to Iran-related supply disruptions.
“The conflict in Iran is a clear reminder of the world’s reliance on Texas oil and gas,” Christian said. “When America and our allies need stability, Texas energy is answering the call.”
Christian said the state’s response reflects years of investment in drilling capacity and export infrastructure that now position Texas to respond quickly to shifting global market conditions.
“What we are seeing right now is no accident,” he said. “It is the result of sustained investment in our drilling capacity and world-class export infrastructure. Simply put, Texas leads the free world in energy production because we have built the foundation to do so.”
The commissioner also argued that policymakers should continue supporting domestic oil and gas development as energy prices rise globally.
“As prices rise at the pump here at home and abroad, the path forward is clear: further unleash Texas energy,” Christian said. “Texas should remain the cornerstone of global energy supply, delivering affordable, reliable energy to Americans and our allies around the world.”
The comments come as oil markets remain highly sensitive to supply disruptions tied to tensions surrounding Iran and shipping constraints in the Strait of Hormuz.
