Christian Joins CNBC’s The Exchange to Discuss Proration & Crude Oil Market Stability
AUSTIN – Yesterday, Railroad Commission Chairman Wayne Christian joined Kelly Evans on CNBC’s The Exchange to discuss the agency’s virtual meeting on proration and his thoughts on various efforts to stabilize the worldwide market for crude oil. You can view the interview here or below.
“Yesterday we heard from a desperate industry. About 30,000 people in 86 countries and 49 states tuned in to our 10 hour meeting, where we heard from over 50 witnesses on the pros and cons of prorating crude oil,” said Chairman Wayne Christian. “Whether or not proration is the answer, it is imperative we stabilize the international crude market to protect hundreds of thousands of Texas jobs and preserve the national security that comes with American Energy Dominance.”
“The Railroad Commission will reconvene next Tuesday for our monthly open meeting, where we will once again discuss this issue and our various options,” continued Christian. “I will continue to visit with our officials in the Trump Administration and my fellow regulators on the Interstate Oil and Gas Compact Commission about what can be done."
A lifelong conservative businessman, Wayne Christian was elected as our 50th Texas Railroad Commissioner in November 2016. In June of 2019, Christian was elected to lead the agency as Chairman by his fellow commissioners. Prior to his time at the Commission, Christian served seven Sessions in the Texas House of Representatives, accumulating a strong record of standing for free markets and against burdensome regulations. In addition to his duties as Commissioner, Christian was appointed by Governor Greg Abbott to serve as the Official Representative of Texas on the Interstate Oil and Gas Compact Commission. Christian is married to his wife, Lisa, and together they have three daughters, Liza, Lindsey and Lauren. You can learn more about Commissioner Christian here:https://rrc.texas.gov/about-us/commissioners/christian/.