Midland Reporter-Telegram: Lawyer says pro-rationing order would prompt litigation
Apr 20, 2020 | News Roundup
April 18 — Texas’ three railroad commissioners are weighing the pros and cons of mandating statewide production cuts, known as pro-rationing, after hearing 10 hours of testimony on Tuesday. The agency and the industry are seeking ways to navigate the economic turmoil of sub-$20 oil prices amid rising crude supplies and a historic drop in demand caused by the coronavirus pandemic.
