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OPEC Conference delegates at Swissotel, Quito, Ecuador, December 2010. The OPEC Conference is the supreme authority of the organisation, and consists of delegations normally headed by the oil ministers of member countries. The chief executive of the organisation is the OPEC secretary general. The conference ordinarily meets at the Vienna ...
During the years he spent in Washington he studied the activities of the oil industry worldwide and, in particular, the Texas Railroad Commission (TRC), which served to reinforce his ideas about creating OPEC, further developing his thoughts about the conservation and stabilization of petroleum production and the defense of oil prices.
The Texas oil boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of Texas during the early 20th century that began with the discovery of a large petroleum reserve near Beaumont, Texas.
The surge in Texas crude oil production over the past few years has been truly phenomenal. According to U.S. Energy Information Administration data, the state's oil production surged to 2.7 ...
The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. [ 1 ]
This article was written by Oilprice.com -- the leading provider of energy news in the world Texas oil production is surging, and estimates for 2014 predict that output of more than 2.7 million ...
The Texas Railroad Commission: Understanding Regulation in America to the Mid-Twentieth Century. (2005). 323 pp. the standard history; online review; Childs, William R. "Origins of the Texas Railroad Commission's Power to Control Production of Petroleum: Regulatory Strategies in the 1920s." Journal of Policy History 1990 2(4): 353–387. ISSN ...
(Bloomberg Opinion) -- The Texas Railroad Commission has been petitioned to go back in time.The commission just held a marathon hearing on whether it ought to do something it hasn’t done in ...