From Boom-Bust Oil to Stable Clean Energy Manufacturing
“One distinguishing characteristic of really civilized men is foresight; we have to, as a nation, exercise foresight for this nation in the future; and if we do not exercise that foresight, dark will be the future!”-Teddy Roosevelt
The Crisis
Oil jobs disappear every time prices crash—workers are laid off with no warning. 853,924 Permian Basin jobs depend on volatile oil markets. Many contract workers do not have full benefits. Young people leave West Texas not just because there’s nothing to do, but because there’s no stable future. China is building clean energy factories while we watch, perpetually stuck in the past.
The Solution
I will fight to transform the Permian Basin’s economy from one of extraction with transient workers to one of manufacturing with permanent homes. Oil workers already have the skills—welding, electrical work, equipment operation. We just need to build the factories where they can use those skills to build the future instead of extracting the past. This this transformation will include supporting workers’ full rights to unionize and collectively bargain for fair treatment, creating permanent community settlements with an economy and job market not dependent on the volatility of oil.
What This Could Look Like
PHASE 1 (Years 1-2): Emergency Investment and Construction Begins
PHASE 2 (Years 2-4): Major Construction and Equipment Installation
PHASE 3 (Years 4-6): Production Begins and Results Show
PHASE 4 (Years 6-8): Supply Chain Expansion
LONG-TERM VISION: Manufacturing Powerhouse Complete
What about Big Oil?
The oil business will NOT disappear. That is not my intention. We will build a hybrid energy production economy including other, more constant sources of energy. Big Oil will adjust by increasing their already existing investments in clean energy technologies. As the markets shift and our values change, Big Oil will invest in things like carbon capture, hydrogen, and petrochemicals, helping us to improve the environment. They may not like it at first, but if WE COLLECTIVELY back these policies, they will have NO CHOICE. Oil production may dip, but more importantly, unemployment will remain LOW due to the growth of our new clean energy economy and sustained political pressure from me and YOU.