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Bruce Bullock, Maguire Energy Institute at SMU Cox School of Business comments on the historic Texas Railroad Commission meeting regarding the reduction of oil production.
Observations from the meeting ranged from environmental angles to OPEC to more value to mineral owners. Texas bravado and their power is also discussed in the interview.
Bullock mentioned a comment made from Texas Railroad Commission Christi Craddick about being in unknown territory and each decision and indecision could have major impacts on the global energy market.
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
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