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Energy, Economic Growth, and the “Invisible Hand”
Released on Thursday, August 23, 2018•MARKETS
An energy revolution begun in Texas not long ago, now well underway, is spreading its dominance across the world. This shale gale is driven not by nationally owned energy companys (NOCs) as is the cartel known as OPEC or huge multinational corporations, but by small- to medium-sized energy
companies operating in a competitive market. The economic and geopolitical opportunities are colossal. Will the invisible hand of the market prevail to fuel economic growth of the 21st century?
companies operating in a competitive market. The economic and geopolitical opportunities are colossal. Will the invisible hand of the market prevail to fuel economic growth of the 21st century?
Kathleen Hartnett White
Armstrong Center for Energy & the Environment,
Distinguished Senior Fellow and Director
The Honorable Kathleen Hartnett White joined the Texas Public Policy Foundation in January 2008. She is a Distinguished Senior Fellow-in-Residence and director of the Armstrong Center for Energy & the Environment. Prior to joining the Foundation, Ms. White served a six-year term as chairman and commissioner of the Texas Commission on Environmental Quality (TCEQ). With jurisdiction over air, water, waste, and water rights, TCEQ's staff of 3,000, annual budget of over $600 million, and 16 regional offices make it the second largest environmental regulatory agency in the world. Kathleen was named to the Donald Trump Campaign's Economic Advisory Council and was twice nominated by President Trump to become Chairman of the White House Council on Environmental Quality. She is the author of Fueling Freedom: Exposing the Mad War on Energy, Regnery Publishing, 2016 (co-author Steve M. Moore.)
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