Protecting the citizens environment & economy of Texas
Texas Insider Report: AUSTIN Texas The Texas oil and gas industry continues to lead the world in energy production. We appreciate that the Legislature recognizes that it is critical for the Railroad Commission to have the resources necessary to protect the citizens environment and economy of Texas said Texas Railroad Commission Chairman Christi Craddick earlier today thanking the 86th Texas Legislature for prioritizing the important role the Railroad Commission of Texas (RRC) plays in keeping the states citizens and natural resources safe.
The Legislatures FY 2020-2021 budget includes increased funding for the RRC to strengthen the agencys inspection and enforcement capabilities as well as increases transparency for the public.
By prioritizing funding for the Railroad Commission the Legislature has given us the tools we need to maintain a predictable regulatory environment that will continue to attract jobs and capital investment across Texas Craddick said.
Texas oil and gas producers generate billions of dollars for state and local tax coffers lowering Texans overall tax burden while providing critical funding for schools roads and water infrastructure. We at the Commission are proud to serve Texas to work to ensure the safe production of our natural resources.
House Bill 1 appropriates approximately $283.6 million for the biennium including an increase of 22 FTEs.
The funding includes the following items with a focus on additional staff inspectors and IT program upgrades:
- 22 new oil and gas and pipeline safety inspectors;
- $26.9 million to replace antiquated mainframe permitting system;
- $39.1 million to fund a robust well plugging and site remediation program;
House Bill 1 is currently pending the Governors signature into law.