HOUSTON, Texas (KTRK) — U.S. Secretary of Labor Marty Walsh visited Houston for the first time, and in an interview you’ll see only on 13, we asked him about a variety of topics from energy and recession, to childcare.
During the State of the Union speech this month, President Joe Biden talked about oil and gas – an industry on which he appeared to put a timeline.
“We’re going to need oil for at least another decade,” Biden said.
Biden’s statement caught the attention of the University of Houston’s vice president of energy and innovation, Ramanan Krishnamoorti.
“Those signals to the industry that this is an industry that’s in trouble, that only has a short cycle in front of it, has driven away some of the best people,” Krishnamoorti explained.
Experts said if people avoid the industry, and companies stop investing, it could lead to less reliable energy and higher gas prices.
“It’s going …