Texas Tries To Fend Off Pennsylvania's Energy Push
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Scott Detrow
Governor Corbett has made it clear he wants to make Pennsylvania the âTexas of natural gas drilling.â By that, he means the central hub where energy companies are headquartered.
How do they feel about this plan in The âTexas of oilâ? (That would be..the actual Texas.)
Our partners at StateImpact Texas looked into it:
In Houston, where the business boosters count 3,600 local companies doing energy-related work, the title âWorldâs Energy Capitalâ is taken very seriously. And not just because of pride or profit.
âIf you begin to lose the concentration in Houston as the Energy Capital, you start getting into, in my opinion, national security issues,â said Lane Sloan,a former long-time top executive with Shell.
He heads a committee with the Greater Houston Partnership with the goal of âperpetuating Houston as the Energy Capital of the Worldâ. Sloan sees Beijing or Shanghai as the biggest threats to Houstonâs position as Chinaâs living standards rise and create new and enormous demand for fuel.
âItâs not going to the East Coast or the West Coast (of the United States). Itâs going somewhere else in the world,â said Sloan of the Capital title. Losing the title would weaken the United Statesâ position in a world where energy and influence go hand in hand.