PSP Applauds Continued TxDOT Investment in Permian Promise

On Thursday, August 22, the Texas Transportation Commission unanimously adopted the 2025 Unified Transportation Program, which will guide TxDOT funding for the next decade. The projects funded by the UTP will greatly benefit residential and commercial traffic by improving mobility and making our roads safer. New allocations for the Permian Basin in the 2025 UTP include critical funding for I20 in Ector County, US 285 in Reeves County, the SL 338/87th Street Interchange in Odessa, and the SH 191/CR 1250 Interchange in Midland.

The Permian Strategic Partnership applauds the Texas Department of Transportation’s continued investment in the Permian Basin. “We are thrilled that TxDOT has allocated $3.9 billion to the Odessa District over the next ten years,” said Tracee Bentley, PSP President and CEO. “From an allocation of just $253 million in 2016 to where we are now, Governor Abbott and TxDOT’s commitment to the Permian Promise could not be cleaner We are thankful for this funding and will continue doing our part to address short and long-term road safety challenges across the Permian Basin.”

The 2025 UTP will fund a record-breaking $104 billion worth of projects statewide. Proposition 1, the state transportation funding source derived from a portion of oil and gas severance taxes, now accounts for 20% of UTP funding. With the vast majority of Proposition 1 funds coming from the Permian Basin, our region continues delivering economic growth and improved infrastructure to every corner of Texas. The PSP is proud to partner with TxDOT on the Permian Promise as we realize its strategic importance at home and across the state and nation.