Railroad Commission Is Vital To Texas’ Ongoing Economic Success

10:01 pm by BarryForTexas

FORBES: One of the most worrisome aspects of the just-completed session of the Texas Legislature was the difficulty around renewing the charge of the Texas Railroad Commission (RRC). Whether you like dealing with regulators or not, the reality is that the continuing success of the Eagle Ford Shale and growing number of other shale plays in Texas is largely dependent on the effective and efficient regulation of the industry’s activity, and no regulatory body in America does this better than the RRC. Simply put, the industry can’t remain prosperous and highly active unless it has the public trust. Having an effective regulator and set of regulations around the industry’s activities is one of the most critical aspects to maintaining that public trust. The RRC is the oldest regulatory body in the state, having been created in 1866 to regulate the READ MORE »