Texas would curb oil output under broader deal by Trump: state regulator [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Texas would curb oil output under broader deal by Trump: state regulator In this Thursday, April 2, 2020 photo, an oil rig lights up the horizon on the outskirts of Midland, Texas after a late sunset. Eli Hartman/The Associated Press In this Thursday, April 2, 2020 photo, an oil rig lights up the horizon on the outskirts of Midland, Texas after a late sunset. Texas would agree to oil production curbs if U.S. President Donald Trump reached an agreement with international producers on cutbacks, a state energy regulator said on Friday in remarks that drew push back from fellow commissioners. Ryan Sitton, one of three members of the Texas Railroad Commission, which regulates oil and gas production in the state, said in an interview on CNBC that any production cuts would be temporary. There is no need for a long-term deal, he said. However, the state’s other commissioners, Christi Craddick and Wayne Christian, took to Twitter to say that they had not yet made up their minds on the matte
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