Could Texas Take On Opec Market Management?

摘要

A member of the Texas Railroad Commission (RRC) is talking with Opec leadership to stem the catastrophic global oil price collapse, but many are questioning the viability of his overture. Commissioner Ryan Sitton, one of three elected members of the RRC, spoke with Opec Secretary-General Mohammed Barkindo about oil production curtailments on Friday. Sitton told Energy Intelligence that the commission could prorate Texas oil production as a bargaining chip for US President Donald Trump to use in negotiating a deal with Opec leader Saudi Arabia and Russia to curtail oil supply.