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Permian Basin Example in Energy But With Risks, Experts Say

The Permian Basin is at the frontline of energy production and policies, according to two well-known oil advocates, who have been in the industry for over 30 years.
The Permian Basin is at the frontline of energy production and policies, according to two well-known oil advocates, who have been in the industry for over 30 years.

Willian Perry Pendley and Gary Kiehne spoke during the Midland County Republican Women’s Luncheon Wednesday, focusing on the importance of the West Texas oil influence.

“The bottom line is this country runs on fossil fuels,” said Pendley, attorney and president of Mountain States Legal Foundation.

Kiehne, who is in the oil and gas industry and candidate for congress in Arizona, agreed. But both say they worry.

“It's at risk with the endangered species act, you got Dune Lizard, the Prairie Chicken and those are mechanisms that the environmental extremist will attempt to use to shut down energy development,” Pendley said.

The two came to Midland to voice a solution: bringing the oil and gas perspective to Washington D.C.

“You have to bring Washington back to reality,” Kiehne said. “We've got to be able to get in our federal lands and produce and drill wells.”

The two also hope to expose the technology already being used in West Texas.

“Technology innovation,” Kiehne said. “The oil and gas industry is top notch in it, and this country and the Permian Basin has always been the main leader in the entire oil and gas industry.”

Pendley said he hopes others take the example of the economic boost already felt in the Permian Basin.

“That's why we have the great economy that we do, that's why we have the technological advances that we do,” Pendley said. “Because we have cheap energy.”

Energy they both say, won’t run out.

“The oil and gas industry is done unbelievable and it's here to stay,” Kiehne said. “It will continue to be very productive.”

And despite many saying that this is not possible, Pendley echoed the message.

“We have oil, we have gas, we have coal, we have tremendous energy resources in this country and we're discovering more,” Pendley said.

Giving a positive perspective in what some may call “difficult economic times” in the rest of the nation.

“The only bright spot in the entire U.S. economy today is the oil and gas industry simply because it's been able to find resources and develop them against all odds,” Pendley said.

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