Permian Basin talent pool can lead in carbon capture and storage R&D
The Permian Basin, the highest producing oil field in the United States, is also home to solar and wind energy, nuclear energy, natural gas development and a reservoir of talent with expertise across energy sectors.
Eddie Moore
As goes the Permian Basin, so goes the U.S. energy sector
The Permian Basin, which spans Southeast New Mexico and West Texas, has long been an energy powerhouse. For generations it has supplied much of America’s oil and gas. But beneath the familiar landscape of drilling rigs is an overlooked asset, something we’ve been fortunate to see up close: a reservoir of talent and expertise capable of driving a new era in energy.
We believe the Permian region can lead a decarbonized energy economy in the same way we have led the fossil fuel-focused energy economy since the 1923 discovery of oil here. “Expand the energy menu” is a rallying cry of Texas 2036, a think tank arguing for state leadership in battery storage, carbon capture and underground storage, geothermal and expanded nuclear and renewable energies.
We agree. The Permian Basin provides nearly 40% of America’s oil and nearly 15% of its gas, according to the Federal Reserve Bank of Dallas. As goes the Permian Basin, so goes the U.S. energy sector. That’s why the energy menu expansion won’t happen without our leadership.
