Powering the Future
The energy sector in Texas is a $172 billion business. From wind to oil to natural gas, Texas leads the nation in producing energy as it pursues renewable sources. The state’s geography and natural resources, transportation infrastructure, skilled labor force, and environmental research capabilities attract industry leaders from ExxonMobil’s headquarters to BP’s largest employee base in the world. Public and private leaders in the state continue to innovate within renewable energy space, employing more than 55,600 highly skilled clean energy workers around the state.
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.
Discover which regions of Texas may be best for the relocation of your business.
Your Economic Guides to Texas
The Texas Economic Development Connection is a team of certified economic developers working in cooperation with governmental agencies, chambers of commerce, and economic development organizations across Texas to support small businesses ready to expand or relocate to the Lone Star State. We help companies identify opportunities in Texas cities and stand prepared to help them begin their journey to becoming a Texan.
Flip the switch and light it up
Let our team get to know you and help guide you on your move or expansion into Texas. Register your project today with our team and let your trail drive to Texas begin.