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Energy Producing States Coalition Meeting Austin, Texas December 2, 2012

Energy Producing States Coalition Meeting Austin, Texas December 2, 2012. Chairman Barry T. Smitherman Railroad Commission of Texas www.rrc.state.tx.us www.smithermantx.com. The Permian Basin. The Barnett Shale.

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Energy Producing States Coalition Meeting Austin, Texas December 2, 2012

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  1. Energy Producing States Coalition MeetingAustin, TexasDecember 2, 2012 Chairman Barry T. Smitherman Railroad Commission of Texas www.rrc.state.tx.us www.smithermantx.com

  2. The Permian Basin

  3. The Barnett Shale The Barnett Shale has generated $65.4 billion in economic activity and created more than 100,200 jobs since 2001.

  4. Eagle Ford Shale

  5. Texas has over 1,200 pipeline operators • There are over 366,274 miles of pipeline in Texas • Natural gas pipelines run through all 254 counties in Texas

  6. The world will require 53% more energy in 2035 than in 2008 in order to sustain modest economic growth. Approximately 80% will still be fossil fuels! Picture source: API

  7. How much do we close the Gap?

  8. Can the U.S. Achieve Energy Independence By 2020?

  9. QUESTIONS? barry.smitherman@rrc.state.tx.us

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