Petroleum Politics And The Texas Railroad Commission
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The single most important domestic source of oil and gas is managed by the Texas Railroad Commission. As a result, the Commission has for decades exerted a prof
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By 1985, every oil and gas-producing state but Texas had passed a 'unitization' statute requiring cooperation among the various owners of oil and gas reserves.
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Pages: 350
Pages: 350
Type: BOOK - Published: 2005 - Publisher: Texas A&M University Press
Before OPEC took center stage, one state agency in Texas was widely believed to set oil prices for the world. The Texas Railroad Commission (TRC) evolved from i