Texas’ oil and gas regulators aren’t ready to cut production yet. They’re not even sure how it would work if they did.

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Oil prices have dropped as a result of the coronavirus pandemic. Photo credit: Ben Powell for The Texas Tribune

By Mitchell Ferman

Facing a steep drop in oil demand with much of the world staying home to practice social distancing, more than 55 energy executives, analysts and critics appeared one after another Tuesday at a video meeting of the Texas agency that regulates the oil and gas industry to weigh ...

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