Cracks in the Pipeline: How Oil Theft is Flooding the Black Market
Permian Basin, Texas, USAFri Sep 20 2024
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The oil fields of West Texas are struggling to contain a growing threat: organized crime rings stealing millions of dollars' worth of oil and gasoline. This is no petty theft – the culprits are sophisticated criminals with ties to illegal immigration, and their actions are putting not just local economies at risk, but national security as well.
Congressman Tony Gonzales, a representative from Texas, is leading the charge to tackle this issue. He plans to introduce a bill that would increase penalties for theft, provide funding for regional task forces, and allow for the tracking and prosecution of stolen oil. But he's not alone. Local oil workers, law enforcement, and even the FBI are all working together to crack down on this illegal trade.
The stakes are high. Drilling rigs can contain millions of dollars' worth of oil, while trucks can haul hundreds of thousands of dollars' worth of oil per load. Equipment has been stolen, and even oil company employees have been attacked. The thieves use tactics like hijacking trucks and siphoning off gasoline, making it a complex and challenging problem to combat.
"It's not just people being attacked. It's not just a threat to our economy. It's an absolute threat to national security," says Matt Coday, president and founder of the Oil & Gas Workers Association. Coday has seen firsthand the devastating effects of oil theft on local communities. "We want good jobs where we can support our own families. We want good schools for our kids. We want safe communities. Not one of us wants to go to work and wonder if we're going to come home. "
https://localnews.ai/article/cracks-in-the-pipeline-how-oil-theft-is-flooding-the-black-market-ab01246e
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