We are pleased to announce the Ten Things You Should Know About Texas Energy. Each week for the remainder of the 83rd Legislative Session, we will send you a different fact about Texas Energy. As the session progresses, be on the look out for more updates and the rest of the facts! TEN THINGS YOU SHOULD KNOW ABOUT TEXAS ENERGY
1. Texas Is America's Fastest Growing State
From 1999 to 2009, Texas' population grew by 20.5% (10.0% nationally), nominal GDP grew by 70.4% (52.4% nationally), and total employment grew by 19.5% (7.6% nationally). This resulted in Texas' share of national economic output growing by a full percent from 1999-2009. This trend continues. In 2012, Texas' population added almost 1,200 people per day as its economy grew 50% faster than the national average and similar numbers are expected for 2013. The population in Texas is expected to increase 82% between 2010 and 2060, growing from 25.4 million to 46.3 million people.
Balanced Energy for Texas is a statewide coalition of energy consumers, producers, and providers committed to supporting policies that preserve and promote our state's leading role in energy and economic development.
We believe that energy is the backbone of Texas' economy and that economic prosperity is contingent upon the adoption of sensible policies that maximize the use of our state's abundant, diverse and affordable energy portfolio, specifically oil, natural gas and coal. This balanced portfolio, based on free market principles and a sound regulatory framework, is critical to Texas' continued profitability, competitiveness and economic success.
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Learn more about our efforts: www.balancedenergyfortexas.org