CERAWeek Headlines Miss the Bigger Story

Houston’s annual CERAWeek calls itself “the world’s premier energy conference” — and it is. Thousands of energy CEOs and executives are there. Industry observers and media treat CERAWeek as a barometer for where energy is headed. 

Combative and provocative comments always get lots of attention. This year, as always, a few oil and gas executives were happy to provide them. But make no mistake: the overriding theme of the conference — even, or especially, among oil and gas industry leaders — was the day-to-day economic importance and market opportunities of a “multidimensional energy transition.”

And there was no mistaking Texas’ role in leading it…