Institute for Energy Economics & Financial Analysis U.S.: IEEFA Director of Finance Urges Oil Production Cuts at Texas Commission Hearing
April 15, 2020
April 15, 2020
CLEVELAND, Ohio, April 15 -- The Institute for Energy Economics and Financial Analysis issued the following news release:
At a public hearing held on Tuesday by the Texas Railroad Commission (RRC) closely followed by industry experts and analysts, IEEFA's Director of Finance, Tom Sanzillo urged production cuts ("prorationing") to deal with the ongoing turbulence and oversupply in the oil and gas sector.
"The problems of oversupplied markets and low prices . . .
At a public hearing held on Tuesday by the Texas Railroad Commission (RRC) closely followed by industry experts and analysts, IEEFA's Director of Finance, Tom Sanzillo urged production cuts ("prorationing") to deal with the ongoing turbulence and oversupply in the oil and gas sector.
"The problems of oversupplied markets and low prices . . .