March 2015, Vol. 242, No. 3

Features

Crude Oil Export Ban: Dated Policy with Real-Life Implications

If you are lucky enough to have grown up in Texas, you are all too familiar with how popular culture, particularly Hollywood, has glamorized the life of a wildcatter or roughneck. The movie Giant depicts James Dean on a windswept Texas countryside, sopping head to toe in newly discovered oil. While maybe a compelling drama, as a Texas Railroad Commissioner, I can tell you this is far from reality. The reality is the oil and gas industry is like many other segments of the economy: hardworking men and women who depend on their jobs to provide for their families, send their kids to college and make ends meet. While other segments of the economy drive economic growth and opportunity, the oil a

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