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Railroad commission a stop, not a destination

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The Railroad Commission of Texas may seem like a regulatory backwater. It oversees regulation of the oil and gas business in Texas, and when that involved prices and production limits and such, it was a powerful force indeed. A lieutenant governor gave up his job for a spot on the commission; a speaker of the House did the same thing.

The creators of OPEC, the Mideast oil cartel, modeled their organization in part on the Texas state agency.

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