Recap | To The Point: Energy
Among other topics, Commissioner Craddick discussed the work of the railroad commission and the nearly 130,000 inspections of oil and gas wells each year. They work with drillers across the state to teach best practices for creating oil and gas wells.
Funding for Texas’ infamous rainy day fund comes from oil and gas taxes, and recently, this funding has been tapped into for water and irrigation projects. In the near future, over $6 billion of the rainy day fund will be used for transportation projects.
In addition, Craddick spoke on the recent legislation Governor Abbott signed calling for a new program with the University of Texas at Austin to create new stations across the state detecting earthquake activity.
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To see photos from the event, check out the album below:
Thank you to the sponsors of this event: