Oil ‘Proration Is Now Dead,’ Texas Railroad Commissioner Says

May.04 — The U.S. will be “the big loser in the global oil business” when oil demand returns to normal, says Texas Railroad Commissioner Ryan Sitton as he discusses the impact of the coronavirus pandemic on domestic oil production. He speaks on “Bloomberg Markets.”


In This Story: Texas

Texas is a state in the South Central region of the United States. At 268,596 square miles, and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by both area and population.

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