Railroad Commission of Texas

The Railroad Commission of Texas (RRC) is the state agency that regulates the oil and gas industry, gas utilities, pipeline safety, safety in the liquefied petroleum gas industry, and surface coal and uranium mining. Despite its name, it no longer regulates railroads.

Established by the Texas Legislature in 1891, it is the state's oldest regulatory agency and began as part of the Efficiency Movement of the Progressive Era. From the 1930s to the 1960s it largely set world oil prices, but was displaced by OPEC (Organization of Petroleum Exporting Countries) after 1973. In 1984, the federal government took over transportation regulation for railroads, trucking and buses, but the Railroad Commission kept its name. With an annual budget of $79 million, it now focuses entirely on oil, gas, mining, propane, and pipelines, setting allocations for production each month.

Read more about Railroad Commission Of Texas:  Origins, Expansion To Oil, Operations, Recent History, Court Cases Involving The Commission, Offices

Famous quotes containing the words railroad, commission and/or texas:

    People who make puns are like wanton boys that put coppers on the railroad tracks. They amuse themselves and other children, but their little trick may upset a freight train of conversation for the sake of a battered witticism.
    Oliver Wendell Holmes, Sr. (1809–1894)

    It is impossible to calculate the moral mischief, if I may so express it, that mental lying has produced in society. When a man has so far corrupted and prostituted the chastity of his mind as to subscribe his professional belief to things he does not believe he has prepared himself for the commission of every other crime.
    Thomas Paine (1737–1809)

    I not only rejoice, but congratulate my beloved country Texas is reannexed, and the safety, prosperity, and the greatest interest of the whole Union is secured by this ... great and important national act.
    Andrew Jackson (1767–1845)