“The opening of the markets for U.S. oil producers will translate into enduring success for the overall industry and subsequently Texans as a whole,” Craddick said. “When you apply sensible regulations, encourage investment, open new markets for products and stimulate competition, economies grow. In this case, it’s our long-standing oil economy. And with our state’s plentiful resources, the industry’s technology and innovation, and the Commission’s strength in regulation, the sky is the limit.”

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