Utah Leaders Announce Major Oil and Gas Supply, Water, and Refining Agreements | Feb. 23, 2026

Utah state press event with governor and legislative leaders · February 24, 2026

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Opening welcome and framing

AnnouncementPresentation

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Gov. Cox opened the event, welcomed legislative leaders (Speaker Mike Schultz, Senate President Stuart Adams), industry partners and Joel Ferry (identified earlier as director of the Division of Natural Resources), and framed the gathering as a moment to pursue an “abundance mindset” on energy and water, introducing the Operation Gigawatt initiative to expand power production.

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Gov. Cox, legislative leaders and petroleum industry representatives announced a partnership to boost Utah refinery output and said the state will cut the gas tax by 15% starting July 1; leaders also unveiled a tentative Bear River agreement with Idaho to jointly manage water resources.

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Transcript

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