The oil industry has been hit hard by the pandemic. Demand is down, and oil companies have laid off workers in the Houston area, including ExxonMobil, which announced 1,900 layoffs on Thursday, mainly in the Houston area.SEE MORE: ExxonMobil to lay off 1,900 jobs, mostly at Houston offices
“I know right now it’s tough, but I’m telling everyone, please, let’s stick together,” said Hunt, who is campaigning for the U.S House District 7 seat. “Let’s work through this together. Let’s innovate together, and we’ll get through it.”
“I passed a bill about research and development for carbon capture in the natural gas base called the ‘LEADING Act,'” Crenshaw explained. “I developed a bill called the ‘New Energy Frontier.’ I actually speak in specifics and legislation. These people never do.”
Both Crenshaw and Hunt talked about innovation and the progress oil companies have made toward renewable energies. Their opponents also highlight those points as well.
U.S. Rep. Lizzie Fletcher – Hunt’s opponent – and Democratic candidate for Texas’ 2nd Congressional District, Sima Ladjevardian, who is campaigning against Crenshaw, don’t want to see the oil industry phased out. Instead, each wants to work with companies to keep people employed and also develop new energy sources.
“It’s critical to our economy,” Fletcher explained. “It’s critical to our security, but we also recognize the real challenges that we face when it comes to climate change.””I really believe we have to use natural gas as a transition,” Ladjevardian said. “We have to be careful, and make sure there are regulations on fracking, and consider all options on the table.”
University of Houston energy fellow Ed Hirs said it could take a couple years for the oil industry to rebound from the pandemic.
“From small to large, the companies have been laying off workers,” Hirs explained. “Part of it is the pandemic. The other is the structural issues.”
Knowing this, we asked congressional candidates, who serve two-year terms, what each would do during the next couple years to help the oil industry.
“We need to get this virus under control to make sure our jobs are back,” Ladjevardian explained. “Make sure we sign the Heroes Act so there’s money coming in to help a lot of these companies. Money coming in to help people who have lost their job.”
“Keeping the regulatory side up,” Crenshaw said. “Building more pipelines, not less. Making it easier to build the infrastructure. These are some simple things that would be helpful.”
“There will be a big push for an infrastructure package, and I think that will be very helpful. But I think the key to get through this challenge is being a good partner by listening to folks in the industry and learning the ways,” Fletcher said.
“So, the number one thing for us is to get people back to work safely,” Hunt answered. “Rebuild our economy safely, and once that happens, this is when the innovation curve comes back.”
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