asked 176k views
3 votes
E Page 276 8.3. Explain the roles played by boards, commissions, and regulatory agencies

Important questions about the ability to regulate the production and transportation of oil and
natural gas have been raised about which state agency because of its cozy relationship with the
industry it is supposed to regulate?
Texas Energy Reliability Council
Railroad Commission
Click or tap a choice to answer the question.
Public Utility Commission
Texas Oil and Gas Association

asked
User Nkuhta
by
8.0k points

1 Answer

2 votes

Final answer:

Boards, commissions, and regulatory agencies, such as the Railroad Commission of Texas, play important roles in overseeing and regulating the oil and gas industry. The close relationship between the Railroad Commission and the industry it regulates has raised concerns about impartiality.


Step-by-step explanation:

Boards, commissions, and regulatory agencies play important roles in overseeing and regulating various industries, including oil and gas production and transportation.

The Railroad Commission of Texas is the state agency responsible for regulating the oil and gas industry. It plays a crucial role in granting permits, enforcing regulations, and promoting safety and environmental protection.

The agency has been criticized for its close relationship with the industry it is supposed to regulate. This has raised concerns about its ability to impartially regulate the production and transportation of oil and natural gas.


Learn more about Roles of boards, commissions, and regulatory agencies in the oil and gas industry

answered
User Iman Bahrampour
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.