" /> Texas Considering Oil And Gas Production Cut – EastTexasRadio.com
Hess Lawn Mower Header
Access Financial Group
Momentum Polaris Spring Sales Event 2020
cypress basin hospice
Morrell banner
Dane McLamore Header
North Texas Paving Group Header
Sandlin – Find New Roads – It’s All About You Aug 2017

Texas Considering Oil And Gas Production Cut

Texas is considering a proposal to cut oil and gas production as prices plummet due to coronavirus. State regulators met Tuesday and heard testimony on whether Texas should force a 20% cut in production as demand for oil dries up. In early January, Texas oil was trading at $63 a barrel. Now, it’s about $21. The majority of the big players in the industry said they prefer to let market forces play out — instead of the government stepping in.