Oil executives have requested the Texas Railroad Commission limit production in order to give companies respite during the fallout facing the industry, according to a report from the Wall Street Journal.
The regulatory commission is mulling over the request and staffers are looking at the options, the report said, citing people familiar with the matter.
Specific oil executives were not named in the report.
Companies are seeking shelter from a pricing plummet that has hit the industry. Disagreements…
