1
Executive Summary The Permian Basin’s strategic importance to the United States, and our role in the geo-political outlook, cannot be overstated. As one of the top oil-producing regions in the world, our citizens and allies will be increasingly connected to Permian Basin resources for decades to come. Stretching from the plains of West Texas into the southeastern part of New Mexico, the Permian Basin is about the land-area size of Minnesota with a population equivalent to Seattle, Washington. Yet the region holds outsized economic significance; if the Permian Basin was its own country, it would be the third-largest oil producer in the world. Along with oil and natural gas, the Permian is also a major center for renewable energy and a source for liquified natural gas (LNG). The region’s overall energy output is projected to grow substantially in the next decade. As the world confronts complex and evolving geopolitical issues like the climate crisis, fallout from the Russian invasion of Ukraine, and expanding global energy needs, the Permian Basin—the largest secure supply of energy in the world—remains a safe harbor of stability and opportunity. Today, the Power of the Permian is more critical than ever—and that power directly correlates with America’s energy independence, economic growth and national security. America was once the world’s largest importer of oil and is now the world’s largest producer driven by technology, innovation and work ethic. Responsible development of the Permian Basin and strategic investments to bolster and grow this region are key to securing America’s future.
