Which US organization managed and restricted oil production in Texas?

Which US organization managed and restricted oil production in Texas?

• A. Federal Energy Regulatory Commission
• B. Interstate Commerce Commission
• C. Nuclear Regulatory Commission
• D. The Texas Railroad Commission

Answer: (D)

Regulating oil production can be handled at the state level, and Texas is famous for this approach. The Texas Railroad Commission is the state agency that has long the authority to manage and restrict oil production in Texas, using tools like production quotas and permits to prevent overpumping and stabilize prices. This local control is what keeps Texas oil in balance within the state. The other entities operate in different realms: the Federal Energy Regulatory Commission oversees interstate energy markets and transmission, not Texas-only production; the Interstate Commerce Commission was a federal body governing broad interstate commerce, not specifically oil production; and the Nuclear Regulatory Commission governs nuclear materials, not oil.

Regulating oil production can be handled at the state level, and Texas is famous for this approach. The Texas Railroad Commission is the state agency that has long the authority to manage and restrict oil production in Texas, using tools like production quotas and permits to prevent overpumping and stabilize prices. This local control is what keeps Texas oil in balance within the state.

The other entities operate in different realms: the Federal Energy Regulatory Commission oversees interstate energy markets and transmission, not Texas-only production; the Interstate Commerce Commission was a federal body governing broad interstate commerce, not specifically oil production; and the Nuclear Regulatory Commission governs nuclear materials, not oil.