Patterson highlights Texas success in Oil & Gas on State Land
Texas Insider Report: WASHINGTON D.C. In Texas we say Let my people drill" said Texas Land Commissioner Jerry Patterson. Instead of hearing yet another complaint about what is going wrong Texas Land Commissioner
Patterson told a Congressional Committee last week what the Lone Star State is doing right to raise revenue foster job creation and keep tax rates affordable.
I took that message to Washington the place that needs to hear it most" said Patterson.
At a committee hearing titled State Lands vs. Federal Lands Oil and Gas Production: What State Regulators are Doing Right" Patterson explained his recipe for success in Texas: keeping government off the backs of oil and gas producers
developing energy on state land.
The U.S. House Natural Resources Committee hearing was held last Wednesday where Patterson said he hopes the hearing contrasted the tedious federal government regulations on energy production and permitting policies on federal lands versus the nimble and efficient regulatory structure on state-held and privately owned lands.
Recent studies show exploration on state and private land is booming where the free market has more sway while energy production is diminishing on regulation-heavy federal land due to red tape from the Obama Administration.
Energy production on our state land makes Texas a great place to live and do business by offsetting taxes and fees and also by generating jobs and contributing to the education of our schoolchildren" said Patterson.
The success of
the Texas oil and gas industry is an example for the nation" Patterson said.
