What did independent oil producers in Texas do when the government ordered them to limit production?

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asked Jan 11, 2021 218k views

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Dave Lucre · Answer 1 · 2021-01-17T02:30:14+0000

Answer:

The Texas oil and gas regulator, the Texas Railroad Commission, imposed production limits on producers in the 1930s to try to prop up prices and later was a model for the creation of OPEC. Small oil producers would be exempt, Gallagher said.

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What did independent oil producers in Texas do when the government ordered them to limit production?

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