The West Texas region is blessed with an abundance of natural resources; home to everything from oil and gas, to wind, to solar. Energy production continues to grow across the Permian Basin and beyond, even in the face of price declines and a tightening regulatory climate. The state of Texas has been and will continue to be, a leader in energy production. We lead the nation in crude oil reserves and production. The West Texas Intermediate crude oil also serves as a benchmark for pricing oil in North America.