REPORT: Texas Oil And Gas Development Benefitting Developing Countries
A new piece from Oil And Gas Investor highlighted how oil and gas development in Texas benefits impoverished citizens of developing countries. The article discussed the comments made by Dr. Scott Tinker, Texas’ state geologist in the Bureau of Economic Geology, at the 30th annual Texas Energy Council Symposium:
“Like previous speakers, [Dr. Tinker] said more than 1 billion people in the world today have no electricity and no power sources except biomass—such as wood and animal dung. He described his personal travels to remote villages in Ecuador and Colombia where a single bare light bulb in a grass hut is considered a luxury. And yet, much of the environmental movement in the developed world seeks to ‘keep it in the ground,’ halting energy development that would allow people in these underdeveloped regions to enjoy the quality of life the developed world has. As those regions see their populations rise—with a desire for a better life—energy demand will have to grow.”
In addition to harming those in developing countries, the extremist policies of the Environmentalist Left would hurt low-income Texas families. By embracing safe, proven oil and gas infrastructure projects, Texas has an opportunity to help low-income individuals throughout the world share in the prosperity provided by the abundant natural resources in the Lone Star State.