In Texas, a half-baked plan to save the oil industry from a coronavirus-fueled crash

Grist
By Naveena SadasivamMar 27, 2020, 3:55 am233 pts
As oil prices cratered to an 18-year low last week, news leaked that oil and gas producers were asking Texas regulators to mandate a statewide cut in production — a drastic measure that hasn’t been attempted since the 1970s. On Friday, the Wall Street Journal first reported that the Texas Railroad…

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