Conclusion

As the world faces complex energy and geopolitical challenges, the Permian Basin provides clarity and stability and remains an essential—and trusted—global partner. Great potential exists in the region, with reserves of 94.5 billion barrels of recoverable oil and 213.3 trillion cubic feet of recoverable natural gas. The lowcarbon oil produced in the Permian Basin is cleaner and more environmentally friendly than other major production areas, and the region has emerged as a leader in wind and solar generation.

When multiplier effects are considered, oil and gas and related industry activity supports about 7.8% of private-sector gross product in Texas and 21.3% in New Mexico. The region’s oil and gas industry generates billions in taxes, both directly and through incremental spinoff business activity.

The future of the Permian Basin is bright and promising, abounding with the natural resources necessary to ensure America’s energy, economic, and national security for generations to come. However, the region cannot meet the moment without investments to match its strategic importance. The needs are clear. Proactive investment in the region’s critical infrastructure will help ensure the region continues to prosper and thrive. Safer roads, higher quality healthcare, better schools, and increased commerce will benefit residents across Texas and New Mexico, while saving lives and supporting livelihoods of those who make the Permian Basin a special place.

By investing in the Permian Basin today, America makes a significant investment to secure its future.

That’s the Power of the Permian.

www.permianpartnership.org