Energy

About This Industry

Texas, like nowhere else in the world, has a concentration of scientists, engineers, and economists who understand energy systems and can affect the necessary change to address the world’s demand for clean energy. As the Energy Capital of the World, Houston is leading the charge in the global energy transition to a cleaner, more efficient and more sustainable, lower-carbon world.

One of the world’s major oil field manufacturing economies is in Odessa, Texas and the Permian Basin. The greater Permian Basin accounts for nearly 40 percent of all oil production in the United States and nearly 15 percent of its natural gas production, according to the Federal Reserve Bank of Dallas.