Oil Empire

Number 27980
Subject Oil
Source KXAN/NBC Austin
State Texas
Year 2018
Publication Date
Summary As Texas' oil production has boomed and the Craddick family's oil wealth has increased, so has their political clout. When Christi Craddick assumed elected office as that industry's top regulator in 2013, it ensured the Craddick name would be one of the most powerful and widely-renowned in the state's history. KXAN discovered, since the start of 2014, Craddick voted at least 320 times on agenda items brought by companies that pay her and her family royalties or dividends, according to her personal financial disclosures. We also found she cast more than 100 votes on enforcement actions against those companies.
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Keywords oil production, Texas, oil wealth, oil regulation, personal financial disclosures
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