Railroad commission through the Texas railroad commissioner has been one of the most essential regulatory bodies in the country. It has influenced strongly the supply and price of both national gas and oil throughout the US. The initial purpose of this commission was to oversee railroads.
Since the beginning of 20th century, this commission has been regulating intrastate railroads. It has added trucks and buses to its responsibilities of transportation. Its importance to both the nation and state has rested on the authority it has over the industry of energy.
In 1917, the commission was given the authority of seeing that petroleum pipelines remained the common carriers. The commissioners had the responsibility of well spacing rule, two years later. This responsibility enabled them to expand the organization enormously in the following decade.
The commissioners that were selected were the ones that really understood the importance and the roles carried by this commission. Economy of Texas has always been improved by the industry concerned with oil and natural gas. The commissioners played a massive role in seeing that the organization operated accordingly. They also protected their customers interest as well as their own.
The organization had made it their priority to also increase the level of employment for the people within. A dedicated commissioner was selected who had all the knowledge and information regarding the behavior of market in terms of supplier and demand. As a result of increase in oil and natural gas demand, there was need for increase in supply hence increase in manpower. From this, lots of job opportunities have been created.
The area has been fortunate to have huge resources and reserves. These include substances such as the natural gas, coal, oil, solar and wind. These resources have always pointed to the brighter future of the nation and state. Maintaining an advantage at the global economy needed a well discipline and dedicated Texas railroad commissioner.