Railroad Commission sets tentative date for oil production cut hearing

Railroad Commission of Texas Commissioner Ryan Sitton said April 1 that he’s hopeful the oil and gas regulatory agency can hold a hearing to consider production cuts on April 14.

The Commission received a request March 30 to hold a public inquiry as to whether or not the agency should take the extraordinary action of setting limits on Texas oil production. The last time the Commission did so was in the 1970s.

Sitton said during a web presentation that commissioners have set a tentative date of…