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State Oil Allowable Reduction Seen in Oklahoma City
Oklahoma oil officials discussed a reduction plan with the Railroad Commission to lower allowable oil from 450 to 450 barrels per day per buyer, aiming to cut surplus stocks. Texas production also cut by more than 310,000 barrels daily over two months as part of a broader move to reduce output and prevent waste. In Austin, Texas officials voiced shared burden to curb production. More than 600 Oklahoma home builders will meet August 12 to review new national housing legislation, called by Vernon Mudd of the Tulsa association.
MENTIONED IN THIS ARTICLE
Oklahoma City
Ernest C. Thompson
the Texas
Railroad Commission
Massena
Murray
Thompson
Texas
Gueers
Austin
Oklahoma
Vernon Mudd
Tulsa
Oklahoma State Home Builders Association