Commissioner Christi Craddick was unanimously elected chairman of the Railroad Commission of Texas on Tuesday. "In foreseeing the needs of a fast-paced industry, we have spent much of my first year and a half at the commission evaluating rules and processes in order to enhance our state's regulatory structure," Craddick said. "While we know that Texas' energy sector has the power to bring unprecedented economic gains to our state, one major obstacle can hold this sector back: unpredictable, excessive regulation. As chairman, I will ensure that we continue to have fair, common sense rules that foster vibrant industry innovation, allowing industry to power our state’s economy, while keeping our citizens and natural resources safe."