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Fair Prices urged to end oil production decline in Texas
Sherman Hunt, president of the Texas Mid- Continent Oil & Gas Association, argues for lifting federal price controls on crude oil and natural gas to halt a three-year production decline. He cites Texas output at 1.24 billion barrels, compares prices with Alberta, and calls for market pricing to boost exploration, investment, and energy self sufficiency while warning of tax policy threats and the need for unitization laws.
MENTIONED IN THIS ARTICLE
Sherman Hunt
Texas Mid- Continent Oil & Gas Association
Texas
Texas Oil and Gas
Congress
United States
Candian
Alberta
Oil and Gas Journal
U.S
Richard J. Gonzalez
Senate Finance Committee