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31 January, 00:37

The Railroad Commission of Texas's strategy of limited oil production to maintain prices was adopted by which

organization?

a. BP

b. APEC

O C. OPEC

d. TPP

+4
Answers (2)
  1. 31 January, 00:52
    0
    The correct answer is letter C

    Explanation: Organization of Petroleum Exporting Countries (OPEC)
  2. 31 January, 01:03
    0
    The correct answer is C, OPEC

    Explanation:

    The railway commission of texas is a state agency that regulates surface coal and uranium mining, the oil and gas industry, pipeline safety, utilities, safety in the liquefied petroleum gas industry, it started as part of the regulatory Movement of the Progressive Era and is known as the state's oldest regulatory agency.

    Beginning from the 1930's to the 1960's it largely set world oil prices, but was removed by OPEC (Organization of Petroleum Exporting Countries) after 1973
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