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Author: William R. Childs
Publisher: Texas A&M University Press
ISBN: 9781585444526
Category : Business & Economics
Languages : en
Pages : 350
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Book Description
Before OPEC took center stage, one state agency in Texas was widely believed to set oil prices for the world. The Texas Railroad Commission (TRC) evolved from its founding in 1891 to a multi-divisional regulatory commission that oversaw not only railroads but also a number of other industries central to the modern American economy: petroleum production, natural gas utilities, and motor carriers (buses and trucks). William R. Childs's unprecedented study of the TRC from its founding until the mid-twentieth century extends our knowledge of commission-style regulation. It focuses on the interplay between business and regulators, between state and national regulatory commissions, and among the three branches of government through a process of "pragmatic federalism." Drawing on extensive primary research, Childs demonstrates that the alleged power of regulatory commissions has been more constrained than most observers have recognized. As he shows, the myth of power was devised by the agency itself as part of building a civil religion of Texas oil. Together, the myth and the civil religion enabled the TRC to convince Texas oil operators to follow production controls and thus stabilized the American oil industry by the 1940s. The result of this fascinating study is a more nuanced understanding of federalism and of regulation, the forces shaping it, and its outcomes.
Author: William R. Childs
Publisher: Texas A&M University Press
ISBN: 9781585444526
Category : Business & Economics
Languages : en
Pages : 350
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Book Description
Before OPEC took center stage, one state agency in Texas was widely believed to set oil prices for the world. The Texas Railroad Commission (TRC) evolved from its founding in 1891 to a multi-divisional regulatory commission that oversaw not only railroads but also a number of other industries central to the modern American economy: petroleum production, natural gas utilities, and motor carriers (buses and trucks). William R. Childs's unprecedented study of the TRC from its founding until the mid-twentieth century extends our knowledge of commission-style regulation. It focuses on the interplay between business and regulators, between state and national regulatory commissions, and among the three branches of government through a process of "pragmatic federalism." Drawing on extensive primary research, Childs demonstrates that the alleged power of regulatory commissions has been more constrained than most observers have recognized. As he shows, the myth of power was devised by the agency itself as part of building a civil religion of Texas oil. Together, the myth and the civil religion enabled the TRC to convince Texas oil operators to follow production controls and thus stabilized the American oil industry by the 1940s. The result of this fascinating study is a more nuanced understanding of federalism and of regulation, the forces shaping it, and its outcomes.
Author: David F. Prindle
Publisher: University of Texas Press
ISBN: 0292786077
Category : History
Languages : en
Pages : 241
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Book Description
The single most important domestic source of oil and gas is managed by the Texas Railroad Commission. As a result, the Commission has for decades exerted a profound influence on United States and world energy policy. This influence may even increase with the recent decision to remove price controls on oil and gas. Commission decisions determine where and when oil and gas wells are drilled, how much can be produced from them, and how the products can be transported. Since the 1930s the Commission has heavily influenced both the supply and the price of petroleum in the rest of the country simply because Texas provides such a large proportion of the United States' petroleum. As might be expected with the management of resources worth billions of dollars, the Railroad Commission has been an arena of intense political maneuvering. David Prindle examines in detail seven policymaking episodes, covering five decades of the Commission's history. He recounts the economic and political cleavages arising from clashes of interest, the efforts of individuals and organizations to exert influence, the motives and methods underlying the policy choices of the Commissioners, and the political and economic consequences of those choices, both for Texas and for the rest of the country. This detailed look at the Railroad Commission and the politics of petroleum in Texas will be of interest to the general public and all those involved in the oil and gas industry. Scholars and students in the field of policy studies, especially energy policy, will find this book to be an invaluable guide to an important sector of the American petroleum industry.
Author: Texas
Publisher:
ISBN:
Category : Public utilities
Languages : en
Pages :
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Author: Texas
Publisher:
ISBN:
Category : Natural resources
Languages : en
Pages : 588
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Book Description
Author: Diana Davids Hinton
Publisher: University of Texas Press
ISBN: 0292778864
Category : History
Languages : en
Pages : 448
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Book Description
The dramatic story of the oil boom that transformed the history of a state, drawn from archives and first-person accounts. As the twentieth century began, oil in Texas was easy to find, but the quantities were too small to attract industrial capital and production. Then, on January 10, 1901, the Spindletop gusher blew in. Over the next fifty years, oil transformed Texas, creating a booming economy that built cities, attracted out-of-state workers and companies, funded schools and universities, and generated wealth that raised the overall standard of living, even for blue-collar workers. No other twentieth-century development had a more profound effect upon the state. This book chronicles the explosive growth of the Texas oil industry from the first commercial production at Corsicana in the 1890s through the vital role of Texas oil in World War II. Using both archival records and oral histories, they follow the wildcatters and the gushers as the oil industry spread into almost every region of the state. The authors trace the development of many branches of the petroleum industry: pipelines, refining, petrochemicals, and natural gas. They also explore how overproduction and volatile prices led to increasing regulation and gave broad regulatory powers to the Texas Railroad Commission.
Author:
Publisher:
ISBN:
Category : Liquefied petroleum gas
Languages : en
Pages : 0
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Author: Lewis L. Gould
Publisher: University of Texas Press
ISBN: 0292797281
Category : Biography & Autobiography
Languages : en
Pages : 241
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Book Description
Alexander Terrell's career placed him at the center of some of the most pivotal events in nineteenth- and early twentieth-century history, ranging from the Civil War to Emperor Maximilian's reign over Mexico and an Armenian genocide under the Ottoman Empire. Alexander Watkins Terrell at last provides the first complete biographical portrait of this complex figure. Born in Virginia in 1827, Terrell moved to Texas in 1852, rising to the rank of Confederate brigadier general when the Civil War erupted. Afterwards, he briefly served in Maximilian's army before returning to Texas, where he was elected to four terms in the state Senate and three terms in the House. President Grover Cleveland appointed him minister to the Ottoman Empire, dispatching him to Turkey and the Middle East for four years while the issues surrounding the existence of Christians in a Muslim empire stoked violent confrontations there. His other accomplishments included writing legislation that created the Texas Railroad Commission and what became the Permanent University Fund (the cornerstone of the University of Texas's multibillion-dollar endowment). In this balanced exploration of Terrell's life, Gould also examines Terrell's views on race, the impact of the charges of cowardice in the Civil War that dogged him, and his spiritual searching beyond the established religions of his time. In his rich and varied life, Alexander Watkins Terrell experienced aspects of nineteenth-century Texas and American history whose effects have continued down to the present day.
Author: Texas
Publisher:
ISBN:
Category : Water
Languages : en
Pages : 548
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Book Description
Author: C. A. Warner
Publisher: Copano Bay Press
ISBN: 0976779951
Category : History
Languages : en
Pages : 512
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Book Description
When it was first published in 1939, oil historian James A. Clark called this book, "the most valuable collection of historical, biographical, and statistical data on Texas oil ever assembled." This definitive history of the petroleum industry in Texas exhaustively addresses the geology, technology, and economic impact of the industry that made Texas synonymous with oil. (Technology & Industrial Arts)
Author: Jacqueline Lang Weaver
Publisher:
ISBN: 9781617260001
Category : Unit operation of oil fields
Languages : en
Pages : 0
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Book Description
