Rep. Brian Hill, R-Mustang, today commented on the recent announcements that Devon Energy and Expand Energy will both relocate their corporate headquarters to Texas. 

Hill, who serves as chair of the House Commerce and Economic Development Oversight Committee, emphasized the importance of continuing to diversify Oklahoma’s economy. 

"The focus of the House Commerce and Economic Development Oversight Committee is on ensuring Oklahoma is prepared for the future," Hill said. "That means continuing to pursue innovative growth in our energy industry while also investing in the infrastructure, education and workforce development that allow other industries to grow and thrive." 

Hill noted that Oklahoma’s economic development strategy must include expanding opportunities in varied industries and other high-growth sectors that provide stability and opportunity for Oklahoma families, such as aerospace, biosciences, advanced manufacturing and others. 

"Our state's long-term economic strategy cannot rely on any single company or industry," Hill said. "A diversified economy is how we attract investment, retain talent and ensure state policy keeps pace with opportunity."