April 29, 2020 / 9:50 PM / a month ago

Head of Texas energy regulator opposes state-mandated oil curbs

HOUSTON, April 29 (Reuters) - The chairman of Texas’ energy regulator on Wednesday came out as opposed to a proposal to allocate a 1 million barrel per day oil production cut by top oil producers in the state.

Wayne Christian, who has not previously taken a public stance, said in an op-ed in the Houston Chronicle newspaper that a state-mandated cut would not significantly impact global oil supply. (Reporting by Jennifer Hiller Editing by Chris Reese)

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