77.6 F
Fort Worth
Friday, September 18, 2020
- Advertisements -
Energy Lawmakers consider Railroad Commission name change

Lawmakers consider Railroad Commission name change

Other News

Closing prices for crude oil, gold and other commodities

The Associated Press Benchmark U.S. crude oil for September delivery rose 31 cents to settle at $41.60 a barrel Monday. Brent crude...

Trump to discuss energy, tour oil rig, raise money in Texas

By DARLENE SUPERVILLE Associated PressWASHINGTON (AP) — President Donald Trump will shift his focus to American energy dominance during a stop in...

Basic Energy Services makes organizational changes

Fort Worth-based Basic Energy Services, Inc. (OTCQX: BASX) in late May announced the implementation of changes to the organizational structure of the...

Texas oil producers were cutting output before Railroad Commission chose not to, Commissioner Christi Craddick says

By Cassandra PollockMay 12, 2020 Texas Railroad Commissioner Christi Craddick on Tuesday doubled down on the agency’s recent decision...
Robert Francis
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

CHRIS TOMLINSON,Associated Press

 AUSTIN, Texas (AP) — The Texas Senate is reviewing the Railroad Commission and considering a name change for the agency that now has very little to do with railroads.

The Senate Natural Resource committee also heard testimony Tuesday on restricting the ability of the three, elected commissioners to raise campaign money while in office.

For years the agency’s name has created confusion. The commission originally supervised the railroads. But over the years the agency lost oversight of trains and took up regulation of the oil and gas industry.

The Senate is considering changing the name to the Texas Energy Resources Commission and would beef up its regulatory powers. But some lawmakers prefer the name Texas Energy Commission. The current commissioners also opposed the campaign fundraising restrictions.

 

- Advertisements -
- Advertisements -

Latest News

Closing prices for crude oil, gold and other commodities

The Associated Press Benchmark U.S. crude oil for October delivery rose 81 cents to $40.97 a barrel Thursday. Brent crude oil for...

U.S. Energy Development Corp. announces $8.5 million deal in the Permian Basin

U.S. Energy Development Corporation, an exploration and production firm that provides direct investments in energy, has announced an interest in a horizontal...

Closing prices for crude oil, gold and other commodities

The Associated PressBenchmark U.S. crude oil for October delivery fell 7 cents to $37.26 a barrel Monday. Brent crude oil for November...

OPEC cuts oil demand forecasts, BP sees ‘peak oil’ in 2020s

LONDON (AP) — Developing countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid...

XTO Energy pulls plan for New Mexico natural gas facility

CARLSBAD, N.M. (AP) — A major oil and gas producer in the Permian Basin has withdrawn its application for a permit to...