Texas, Oklahoma Regulators Reject Production Curbs

Michael Reed

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Texas, Oklahoma Regulators Reject Production Curbs

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Regulatory agencies in Texas and Oklahoma both opted not to impose limits on crude oil production within their states despite a historic drop in prices and shrinking storage availability. The Oklahoma Corporation Commission took no action in May after hearing proposals to declare some oil production in the state as economic waste, or on an industry trade group's recommended plan that included mandated output cuts. That hearing closely followed a Texas Railroad Commission decision not to mandate oil production cuts, ending a month-long debate about whether they would wade into global oil politics for the first time in 50 years as crude prices cratered.

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《Pipeline & Gas Journal》 |2020年第6期|共1页
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Michael Reed;
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收录信息美国《科学引文索引》(SCI);美国《工程索引》(EI);美国《生物学医学文摘》(MEDLINE);美国《化学文摘》(CA);
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中图分类管道运输;煤炭气化工业;
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Texas, Oklahoma Regulators Reject Production Curbs

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