2019 Energy Summit of Northeast Texas Recap

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2019 Energy Summit of Northeast Texas Recap

The ninth annual Energy Summit of Northeast Texas broke records. Early this April, 35 sponsors, 450 attendees and speakers integral to the oil and gas industry joined together at the Green Acres Crosswalk Conference Center in Tyler.

The Energy Summit’s Purpose

The Tyler Area Chamber of Commerce sponsors the annual Energy Summit of Northeast Texas. The event’s main mission is to bring key industry experts to an East Texas audience and to provide a well-recognized regional energy event. It has become possibly the most visible regional energy conference, and it draws a bigger crowd every year. This year’s speakers were as follows:

  • Ryan Sitton – Commissioner of the Texas Railroad Commission
  • Mark Mathis – CEO of Clear Energy Alliance and creator of industry documentaries SpOILed and Fractured
  • Paul Hart – Editor-in-Chief of Hart Energy

Attendees also heard from a local industry panel that included Nick Pollard, VP of Business Development for Tanos Exploration.

Energy Summit Audience

About half of the people in attendance were core industry professionals. The second half was a mix of business leaders, government and civic leaders, accountants, lawyers and other business professionals.

One of the many great things about the annual Energy Summit is that you don’t have to be a geologist to benefit. The event is for general audiences who are interested in learning more about the value of the oil and gas industry, the jobs it creates and how it generates investment dollars.

The Impact of Texas on Global Energy Markets

The theme of the event was The Impact of Texas on Global Energy Markets. Speakers shared a number of facts that prove how integral the oil industry is to our state, nation and planet.

  • Jobs – Not many people realize that oil and gas direct and indirect jobs are a third of the Texas economy.
  • Rainy Day Fund – The economic stabilization fund, more commonly known as the Rainy Day Fund receives billions of dollars from crude oil and natural gas production taxes. Other states have similar funds, but Texas has by far the largest. Lawmakers use those funds for things like education funding, teacher raises and disaster recovery.
  • Technology and Innovation – Houston is the technology center for the world’s oil and gas. Continual technology innovation there and across the state spills over into other industries and sectors.

The United States, particularly West Texas’ Permian Basin is now the largest oil producer in the world, even above Saudi Arabia and Russia. We’re a net exporter of oil. We’re also becoming the largest exporter of natural gas in the world through Texas LNG facilities on the Gulf Coast.

Creating a Better World

Ryan Sitton, Commissioner of the Texas Railroad Commission pointed out how the oil and gas industry improves quality of life for all levels of society. The last few years especially the industry has provided Americans with affordable gasoline. If it weren’t for Texas oil industry’s success, gasoline prices would likely be much higher.

When gas prices skyrocket, it affects everyone but not to the same degree. The single mother of three working for minimum wage feels the pinch much more deeply than a family with two adults making professional-level salaries. Low gas prices benefit everyone, but people who are struggling need those extra pennies and dollars for essentials.

Natural gas also provides affordable energy for all levels of society. It’s an affordable way to cook and heat homes. It’s also good for the planet.

Natural gas is a fossil fuel considered a “bridge” to more sustainable energy sources like solar energy or wind energy. It’s clean burning. Natural gas from Texas keeps both prices and emissions low while we explore and introduce other forms of alternative energy.

Event Planning Team

It took a huge effort on the planning team’s part to bring this event to East Texas. Brelsford Personnel’s own Gates Brelsford served as Chairperson, but he says he thinks of himself more as the “coach.” Alongside him worked Ben Morgan, Greg Jean, Ernie LaFlure, Scott Baker, Brent Jasper, Doug Brown, Claude Figueroa and Chamber Members Tom Mullins and Henry Bell. Mr. Brelsford credits the team with the Summit’s record success.

At Brelsford Personnel, one of our specialties is professional and administrative oil and gas positions. We place candidates with energy companies in substantial Northeast Texas energy companies. Browse our online job postings or get in touch today.

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