Texas to Consider Cut in Oil Production as Price Drops Below $0 a Barrel
The Texas Railroad Commission is set to meet on Tuesday to consider a restriction on producers -- the first in nearly 50 yearsJune futures $14.37 down $6.06 after trading as low as $11.79.
The Texas Railroad Commission, the regulatory agency that oversees the oil and gas industries in the Lone Star State, will meet on Tuesday to consider mandating a statewide cut in production for the first time in nearly 50 years....MORE
The May's are up $39.28 at a buck sixty five