Railroad Commission of Texas

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The Railroad Commission of Texas (RRC), also known as the Texas Railroad Commission (TRC) is the agency that regulates the oil and gas industry, gas utilities, pipeline safety, safety in the liquefied petroleum gas industry, and surface coal and uranium mining in the U.S. state of Texas. Despite its name, it ceased regulating railroads in 2005, when the last of the rail functions were transferred to the Texas Department of Transportation. Established by the Texas Legislature in 1891, it is the state's oldest regulatory agency, and it began as part of the Efficiency Movement of the Progressive Era. From the 1930s to the 1960s, it largely set world oil prices, but was displaced by OPEC (Organization of Petroleum Exporting Countries) after 1973. In 1984, the federal government took over transportation regulation for railroads, trucking, and buses, but the Railroad Commission kept its name. With an annual budget of $79 million, it now focuses entirely on oil, gas, mining, propane, and pipelines...

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