West Texas Legislative Summit held on Thursday, August 4, 2022.
SAN ANGELO– This year one of the keynote speakers at the 18th annual West Texas Legislative Summit was Dade Phelan, Speaker of the Texas House. Speaker Phelan’s remarks during the noon luncheon covered a wide range of issues, from the state budget, Broadband, Interstate 14, to oil and gas industry, etc.
Phelan told the attendees that the Biden Administration has been openly hostile toward the Oil and Gas Industry. “We are seeing not only enormous prices at the pump but also everything that oil and gas goes into, because of a short-sighted policy. Biden’s idea of increasing oil production was releasing our strategic oil out of reserves,” stated Phelan.
The Oil and Gas Industry is the cornerstone of the economy and is a remarkable contribution to the State. Texas oil producers paid $679 million dollars in production taxes, the highest monthly payment ever, up 87% from last year. Last month’s revenue alone totaled $1.12 Billion dollars.” Phelan used the State Comptroller’s data from this past June to support his statements.
Other keynote speakers included Governor Greg Abbott who spoke at 10:30 a.m. Texas is doing its part to increase oil production and decrease the need to export natural energy from other countries,” said Gov. Abbott.
In the afternoon 2 p.m. session, Congressman August Pfluger, TX11 served as the moderator to five panel representatives: Trent Ashby, HD57, Keith Bell, BD4, David Cook, HD 96, John Kuempel, HD44, Commissioner Alvin New, Texas Transportation Commission, and Sean Strawbridge, CEO, Port of Corpus Christi.
The Summit was held in the CJ Davidson Conference Center on the campus of Angelo State University.